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Jiffy Lube 1025 Pine Log Rd 1,848 SF Retail Building Aiken, SC 29803 $4,078,878 CAD ($2,207.19 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Offered at $2,922,000 with a 6.75% Cap Rate: Provides investors with an attractive yield backed by a stable, long-term lease
- Built-in Rental Escalations – 10% Every 5 Years: Structured rent increases every five years offer a reliable hedge against inflation
- Recession-Resistant, E-Commerce-Resilient Asset Class: The quick lube sector is insulated from economic volatility and online disruption
- Brand-New 15-Year Absolute NNN Lease Commencing at Close of Escrow: The tenant’s execution of a new 15-year lease at closing
- Potential Tax Advantages: Automotive service properties may qualify for accelerated depreciation, enhancing after-tax returns.
- Prime Retail Corridor with National Co-Tenancy: Strategically positioned near major national retailers including Kroger, The Home Depot, Walmart
EXECUTIVE SUMMARY
Kyle Matthews
License # 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Services
- -
- -
- -
Jiffy Lube® is a leading provider of automotive preventive maintenance. With a national footprint of franchisee owned service centers across the country, Jiffy Lube offers a range of services from oil changes and tire rotations, to everything in between. Jiffy Lube technicians are not just highly trained in preventive maintenance, they are also highly trained in customer service. So if clients have any questions about vehicle maintenance or the services performed at any Jiffy Lube service center, a technician will help them find the resources and information they need, whether it’s in-store, online or by accessing the client's vehicle manufacturer’s recommendations. It’s just another way Jiffy Lube strives each and every day to help customers Leave Worry Behind® .
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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|
Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 106-12-14-003 | Improvements Assessment | $1,005,033 CAD |
| Land Assessment | $7,899 CAD | Total Assessment | $24,809 CAD |
PROPERTY TAXES
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Jiffy Lube | 1025 Pine Log Rd
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