1349 Blackwood-Clementon Rd Clementon, NJ 08021
Sponsored
High-return auto shop, strong tenant.
Property size:
2,200 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 1349 Blackwood-Clementon Rd
General Information
- Property type
- Automotive properties
- Square Feet
- 2,200 SF
- Lot Size
- 56,192 SF
Building Details
- Year Built/Renovated
- 1988/2018
- Buildings
- 1
- Stories
- 1
HighLights
- 5+ years remaining on an absolute net lease with Team Car Care Group (550+ units).
- Leased to the largest Jiffy Lube operator in the country (formerly Heartland Automotive).
- Annual rent increases tied to the greater of CPI or 2.5%, providing inflation protection.
- 9.10% average return on investment over the remaining lease term at the asking price.
- Jiffy Lube location has operated successfully for nearly 30 years.
- Strong demographics: Average household incomes within 3 and 5 miles exceed $88,416 and $96,755 annually.
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Map
- City
- Clementon
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0331099
- Latitude
- 39.804112
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - High-return auto shop, strong tenant.
Where is this automotive property located?
The property is located at 1349 Blackwood-Clementon Rd Clementon, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 5+ years remaining on an absolute net lease with Team Car Care Group (550+ units).; Leased to the largest Jiffy Lube operator in the country (formerly Heartland Automotive).; Annual rent increases tied to the greater of CPI or 2.5%, providing inflation protection.
