1025 Pine Log Rd
Aiken, SC 29803
Greater Aiken
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
- Brand-New 15-Year Absolute NNN Lease Commencing at Close of Escrow: The tenant’s execution of a new 15-year lease at closing
- Built-in Rental Escalations – 10% Every 5 Years: Structured rent increases every five years offer a reliable hedge against inflation
- Potential Tax Advantages: Automotive service properties may qualify for accelerated depreciation, enhancing after-tax returns.
- Recession-Resistant, E-Commerce-Resilient Asset Class: The quick lube sector is insulated from economic volatility and online disruption
- Prime Retail Corridor with National Co-Tenancy: Strategically positioned near major national retailers including Kroger, The Home Depot, Walmart
FOR SALE DETAILS
PRICE
$2,922,000 USD
PRICE/SF
$1,581 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Jiffy Lube
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.28 AC
LAND SF
12,294 SF
ZONING
-
APN/PARCEL ID
106-12-14-003
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760-642-9942
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760-642-9942
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