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34577328
34577327

140 Laurel Lake Drive, North Augusta, SC 29860 For Sale

Southeastern Development Brokerage Consulting
Listed by Southeastern Development Brokerage Consulting
$3,285,000
0 days on market
Updated 0 days ago

Jiffy Lube - NNN Investment Offering - 6.25%

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 6,157
Cap Rate 6.25%
NOI $205,272
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Lease Options Two, 5 Year Options
Price per SqFt $534
Class A
Year Built 2021
Acreage 0.670
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 06/01/2024
Ground Lease No
Ownership Fee Simple

Retail | 6.25% CAP | 6,157 SqFt

Marketing description

Located at the intersection of Interstate 20 and Highway 25 (Edgefield Road), Exit 5 has emerged as one of the CSRA's most dynamic retail and commercial destinations. Anchored by Walmart Supercenter and a growing collection of national retailers, restaurants, hotels, and service businesses, the corridor benefits from exceptional interstate visibility, strong daily traffic volumes, and direct access to the rapidly expanding North Augusta and Augusta markets. Ongoing residential, mixed-use, and commercial development continues to strengthen the trade area, making Exit 5 a premier location for retailers, restaurants, and investors seeking long-term growth in one of the region's fastest-growing corridors.

Investment highlights

Premier NNN Investment Opportunity

This offering features a true absolute NNN lease with zero landlord responsibilities, providing investors with a passive, management-free income stream. The property is leased to a long-established Jiffy Lube operator backed by one of the strongest guarantors in the Jiffy Lube franchise system, offering exceptional tenant credit and operational strength. Combining a nationally recognized automotive service brand with a durable lease structure and a proven franchise operator, this asset presents an outstanding opportunity for investors seeking stable cash flow, minimal ownership obligations, and long-term investment security.

Listing Contacts

Southeastern Development Brokerage Consulting
Listed by Southeastern Development Brokerage Consulting

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$205,272.00
$17,106.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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