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Jiffy Lube 55 N White Horse Pike

1,866 SF Retail Building Audubon, NJ 08106 £790,010 (£423/SF) 7.22% Net Initial Yield

Investment Highlights

  • +/-5 Years Remaining on an Absolute Net Lease with Team Car Care Group (550+ Units)
  • Annual Increases at the Greater of CPI or 2.5% Throughout the Base Term and Options Provides a Hedge Against Inflation
  • Long-Term Historical Occupancy | Location has Operated as Jiffy Lube for Nearly 30 years
  • Largest Jiffy Lube Operator in the Country | Formely known as Heartland Automotive
  • Average Return over the Remaining Firm Term of the Lease is 7.55% at List Price
  • Average Household Income within 1 and 3-Miles | $91,828 & $89,287 Per Year

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,866 SF
Building Class
C
Year Built/Renovated
1993/2018
Price
£790,010
Price Per SF
£423
Net Initial Yield
7.22%
NOI
£57,032
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Land Acres
0.35 AC
Zoning
CC
Parking
8 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
166 ft on Cuthbert Blvd

Amenities

  • Bus Route
  • Pylon Sign
  • Signage
  • Signalised Intersection
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

TD Bank
WSFS Bank
Truist
Burn Boot Camp
Club Pilates
Starbucks
Sprouts
Premier Martial Arts
Wells Fargo
Applebee's
  • Listing ID: 30970131

  • Date on Market: 15/02/2024

  • Last Updated:

  • Address: 55 N White Horse Pike, Audubon, NJ 08106

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