3725 Kirkwood Hwy - Auto Repair FOR SALE
Wilmington, DE 19808 |
$1,337,000 USD
760-642-9942
3725 Kirkwood Hwy
Wilmington, DE 19808
HIGHLIGHTS
- JIFFY LUBE PORTFOLIO -- available together or separate. Other location: 3807 Concord Pike, Wilmington, DE 19803.
- Abs. NNN Lease with zero landlord responsibilities.
- Corporate Guaranty – backed by Jiffy Lube International (a wholly-owned subsidiary of Royal Dutch Shell with a market cap of ±$212 billion)
- 30+ Years of Operating History as a Jiffy Lube – Mature store with a proven track record of success in the community.
- Recent Extension – Tenant recently exercised their option (at FMV) demonstrating commitment to the location. **Contact broker for more details.
- Scheduled Rent Increase next Option provides security of income.
FOR SALE DETAILS
PRICE
$1,337,000 USD
PRICE/SF
$681 USD /SF
CAP RATE
7.5%
% 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
1986
SPRINKLERS
-
PARKING SPACES
8
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
CR
APN/PARCEL ID
08-039.30-208
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
760-642-9942
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
760-642-9942
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
