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1025 Pine Log Rd, Aiken, SC, 29803

Jiffy Lube
$2,922,000

Key Information

Cap Rate
6.75%
Year Built
1988/R2023
Term Remaining
±15 YRS
Type
Retail
NOI
$197,255
Leasable Area
12,197

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 and minimal landlord responsibilities.
  • Brand-New 15-Year Absolute NNN Lease Commencing at Close of Escrow: The tenant’s execution of a new 15-year lease at closing underscores long-term commitment to the site and ensures immediate, durable cash flow with zero landlord obligations.
  • Built-in Rental Escalations – 10% Every 5 Years: Structured rent increases every five years offer a reliable hedge against inflation and support growing returns over the hold period.
  • Potential Tax Advantages: Automotive service properties may qualify for accelerated depreciation, enhancing after-tax returns. Buyers are advised to consult their tax advisor for specific guidance.
  • Recession-Resistant, E-Commerce-Resilient Asset Class: The quick lube sector is insulated from economic volatility and online disruption, as oil changes remain a recurring, in-person necessity.
  • Prime Retail Corridor with National Co-Tenancy: Strategically positioned near major national retailers including Kroger, The Home Depot, Walmart, TJ Maxx, Academy Sports, Petco, and Big Lots, enhancing consumer traffic and location value.
  • Experienced and Nationally Recognized Operator: Leased to Allied Lube Group, one of the largest and most established Jiffy Lube franchisees, operating 70+ locations nationwide with a track record of more than 30+ years in business.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203