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Auto Parts

Jiffy Lube | Clementon, NJ

1349 Blackwood-Clementon Rd, Clementon, NJ 08021

Listing Price: $1,169,250

Cap Rate
7.50%
Tenant Name
Jiffy Lube
Years Remaining On Lease
4.7
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 7.79% at List Price

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

  • Dustin R. Alvino

    Senior Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

Broker of Record

  • John Horowitz

    Senior Vice President/Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Auto Parts

Jiffy Lube | Clementon, NJ

Listing Price: $1,169,250

Cap Rate
7.50%
Tenant Name
Jiffy Lube
Years Remaining On Lease
4.7
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 7.79% at List Price

Exclusively Listed By

  • Dustin R. Alvino

    Senior Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

Broker of Record

  • John Horowitz

    Senior Vice President/Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

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