Auto Parts
Jiffy Lube | Clementon, NJ
1349 Blackwood-Clementon Rd, Clementon, NJ 08021
Listing Price: $1,062,945
Cap Rate
8.25%
Tenant Name
Jiffy Lube
Years Remaining On Lease
4.4
Guarantor
Private Guarantee
Rentable SF
2,200
Lease Type
Absolute Net
Rent Per Square Feet
$39.86
Investment Overview
Average Return over the Remaining Firm Term of the Lease is 8.56% at List Price
Jiffy Lube | Clementon, NJ
Investment Highlights
- 5+ Years Remaining on an Absolute Net Lease with Team Car Care Group (550+ Units)
- Largest Jiffy Lube Operator in the Country | Formerly known as Heartland Automotive
- Annual Increases at the Greater of CPI or 2.5% Throughout the Base Term and Options Provides a Hedge Against Inflation
Exclusively Listed By
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
Listing Price: $1,062,945
Cap Rate
8.25%
Tenant Name
Jiffy Lube
Years Remaining On Lease
4.4
Guarantor
Private Guarantee
Rentable SF
2,200
Lease Type
Absolute Net
Rent Per Square Feet
$39.86
Investment Highlights
- 5+ Years Remaining on an Absolute Net Lease with Team Car Care Group (550+ Units)
- Largest Jiffy Lube Operator in the Country | Formerly known as Heartland Automotive
- Annual Increases at the Greater of CPI or 2.5% Throughout the Base Term and Options Provides a Hedge Against Inflation
Investment Overview
Average Return over the Remaining Firm Term of the Lease is 8.56% at List Price
Exclusively Listed By
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
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