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Auto Service - Gas-Conv

Jiffy Lube | Team Car Care

342 S Broad St, Woodbury, NJ 08096

Listing Price: $1,885,000

Cap Rate
6.73%
Tenant Name
Jiffy Lube | Team Car Care
Years Remaining On Lease
7.5
Gross SF
1,860
Guarantor
Private Guarantee
Rentable SF
1,860
Price/Gross SF
$1,013.44
Lease Type
Absolute Net
Rent Per Square Feet
$68.17

Investment Overview

Strategically Located Along Route 45 | Dense Residential and Retail Area | Positioned Near other National Brand Tenants such as McDonald’s, Aldi, Rite Aid, and T-Mobile

Investment Highlights

  • 7+ 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 of 2.5% Throughout the Base Term and Options Provides a Hedge Against Inflation

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (201) 742-6100

    License(s) NJ: 1434917

    New Jersey

Auto Service - Gas-Conv

Jiffy Lube | Team Car Care

Listing Price: $1,885,000

Cap Rate
6.73%
Tenant Name
Jiffy Lube | Team Car Care
Years Remaining On Lease
7.5
Gross SF
1,860
Guarantor
Private Guarantee
Rentable SF
1,860
Price/Gross SF
$1,013.44
Lease Type
Absolute Net
Rent Per Square Feet
$68.17

Investment Highlights

  • 7+ 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 of 2.5% Throughout the Base Term and Options Provides a Hedge Against Inflation

Investment Overview

Strategically Located Along Route 45 | Dense Residential and Retail Area | Positioned Near other National Brand Tenants such as McDonald’s, Aldi, Rite Aid, and T-Mobile

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (201) 742-6100

    License(s): NJ: 1434917

    New Jersey

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