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6319 Kenwood Ave, Rosedale, MD, 21237

Jiffy Lube
$1,548,000

Key Information

Cap Rate
7.75%
$ per SF
$771
Tot. SF
2,006
Lot Size
0.32 Acres
Year Built
1985/R 2021
Term Remaining
±5.2 YRS
Type
Retail
NOI
$120,000

Highlights

  • Attractive Pricing & Yield: Offered at $1,548,000, the asset delivers a 7.75% capitalization rate, presenting a compelling risk-adjusted return relative to comparable net-leased investments.
  • Recent Lease Extension: The tenant has recently executed a lease extension, evidencing long-term commitment to the location and reinforcing income durability.
  • Experienced, Multi-Unit Operator: Operated by Multi Management, one of the largest franchisees within the Jiffy Lube system with 70+ locations and more than 30 years of operating experience. The group maintains a strong regional presence across Maryland, Delaware, Pennsylvania, and New Jersey, with continued expansion underway.
  • Nationally Recognized Brand: Jiffy Lube, a subsidiary of Shell Oil Company, is a leading provider of oil changes with more than 2,800 independently operated locations throughout North America, supporting sustained consumer demand and brand recognition.
  • Dense Demographic Profile: The property is positioned within a densely populated trade area, serving approximately 390,167 residents within a five-mile radius.
  • Strong Retail Synergy: Located in proximity to established national retailers including McDonald’s, Shell, Chesapeake Car Wash, Subway, and Domino’s, driving consistent consumer traffic and cross-shopping activity.
  • E-Commerce & Recession-Resistant Use: Quick lube services are necessity-driven and generally insulated from e-commerce disruption and broader economic cycles, supporting stable long-term tenancy.
  • Potential Tax Advantages: Quick lube properties may qualify for accelerated depreciation schedules, including potential bonus depreciation benefits (investors should consult their tax or accounting professional for specific guidance).

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203