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| Price $925,361 | Built/Renov 1993 | Tenant Valvoline |
| Cap Rate 6.30% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
1,215
| Lease Start
11-13-2024
| #Units
1,850
|
| Price/SF $761.61 | Expiration
11-12-2034
| Tenant Type Automotive |
| NOI $58,298 | R. Term 9.11 | Ownership Fee Simple |
| Rent/SF
$47.98
| Increases 0.0%/0/yrs | Pop 5Mi 51,384 |
| Lot/AC 0.30 | Options 3/5yrs | AHHI 5Mi $105,789 |
| | |
Valvoline is strategically located at the signalized, hard corner intersection of S Saginaw Road and Washington Street, with access to a robust combined daily traffic count of 47,182 vehicles. The property benefits from proximity to major highways, including U.S. 10, making it a prime location for business operations. The immediate area features prominent national tenants including wendys,...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Affluent AHHI $100K 5 Mi
Brand new lease
Long 10+ yr lease
Accelerated depreciation
Traded and rated company
Corporate Guarantee
Valvoline Inc. is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Valvoline was established in 1866 in...
Mansfield, OH
Cap Rate 7.25%
Lease NN+
R. Term 5.20 yrs
Size/SF 8,304
Raleigh, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 5,700
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
