Auto Repair For Sale • 3,520 SF
| Attractive Pricing & Yield: Offered at $1,548,000, the asset delivers a 7.75% capitalization rate, presenting a compelling risk-adjusted return relati |
| Recent Lease Extension: The tenant has recently executed a lease extension, evidencing long-term commitment to the location and reinforcing income dur |
| Experienced, Multi-Unit Operator: Operated by Multi Management, one of the largest franchisees within the Jiffy Lube system with 70+ locations and mor |
| Nationally Recognized Brand: Jiffy Lube, a subsidiary of Shell Oil Company, is a leading provider of oil changes with more than 2,800 independently op |
| Dense Demographic Profile: The property is positioned within a densely populated trade area, serving approximately 390,167 residents within a five-mil |
| Strong Retail Synergy: Located in proximity to established national retailers including McDonald’s, Shell, Chesapeake Car Wash, Subway, and Domino’s, |
| Cap Rate: | 7.75 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Jiffy Lube |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 12 min | - | 5.8 mi | |
| Penn Station (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) | 20 min | - | 7.2 mi |
| Airport | Drive | Walk | Distance |
| Baltimore/Washington International Thurgood Marshall | 33 min | - | 20.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 5 |
| Type: | Surface |
| Included in Rent: | Yes |