Car Care Center is located at 4601 Hypoluxo Road in Lake Worth, Florida. The property consists of a free standing building totaling 8,050 Square Feet. The two tenants are Jiffy Lube and Monro (NASDAQ: MNRO). Located at the signalized intersection of Hypoluxo Road, a major east-west thoroughfare, and Military Trail. This subject property serves over 125,000 full time residents in the immediate trade area and the median household income is $61,000.
Jiffy Lube is backed by Shell Oil Company and Monro is a publicly traded company with a market capitalization of over $1.3 billion. The property also happens to be located in front of Wal-Mart and near a Chevron gas station outparcel that creates a lot of traffic for this property. Both tenants have occupied this location for over 10 years showing their commitment to this market. In addition, there are numerous national retailers in the surrounding area which include Wal Mart, Chevron gas, Denny’s, TD Bank, McDonalds, ALDI, and many others.