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| Price $532,400 | Built/Renov 1983 | Tenant Valvoline |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,400
| Lease Start
04-01-2020
| #Units
1,850
|
| Price/SF $221.83 | Expiration
09-30-2028
| Tenant Type Automotive |
| NOI $31,944 | R. Term 3.10 | Ownership Fee Simple |
| Rent/SF
$13.31
| Increases 10.0%/3/yrs | Pop 5Mi 95,684 |
| Lot/AC 0.87 | Options 5/5yrs/10% | AHHI 5Mi $67,624 |
| | |
The subject property is strategically located along US Highway 80 E, with an average of 14,423 vehicles passing by daily. It is surrounded by a range of national retailers, including Whataburger, McDonald’s, Sonic, Goodyear, KFC, Little Caesars, Walgreens, and more. The 5-mile trade area is supported by a population of 95,684 residents, earning an average annual household income of $67,624....
...Build to suit
Near major nationals
Strategically located
Highway location
Major MSA
Absolute NNN
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...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
