Listed by Sands Investment Group, Sands Investment Group Los Angeles
$1,683,148
Valvoline FEE SIMPLE - Shreveport, LA
Details
Property Type Retail
Sub Type Convenience Store, Auto Shop
Square Footage 1,505
Cap Rate 5.75%
NOI $96,781
Occupancy 100%
Tenancy Single
Brand/Tenant Valvoline
Lease Type Absolute NNN
Lease Term 23.2
Lease Expiration 03/31/2040
Remaining Term 13.8
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Price per SqFt $1,118
Year Built 1999
Acreage 0.380
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/31/2017
Corporate Valvoline | FEE SIMPLE | 15 Yr ABS NNN | Recent Lease Extension
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 1,505 SF Valvoline located at 401 Kings Hwy in Shreveport, LA. This deal includes a new 15-year Absolute Triple Net (NNN) Lease featuring a full 15-year term with no landlord responsibilities, offering investors true passive income and long-term security.
Investment highlights
- Brand New 15-Year Absolute NNN Lease |
- Nationally Recognized Brand - Valvoline Instant Oil Change: Backed by Valvoline Inc. (NYSE: VVV), a leading provider of quick-lube automotive services with over 1,800 locations nationwide, this property offers investors a reliable, creditworthy tenant with strong brand recognition and long-term stability.
- New 15-Year Absolute NNN Lease: Valvoline recently extended the lease at this location to a new 15-year term with no landlord responsibilities, offering investors true passive income and long-term security.
Strategic Shreveport, LA Location | Dense Retail Corridor | High-Traffic Exposure
- Prime Shreveport Location: Located at 401 Kings Hwy, this Valvoline site is situated in a high-visibility, high-traffic corridor with over 30,000 vehicles per day, ensuring strong exposure and consistent customer flow.
- Thriving Commercial Area: The property is positioned in a dense retail environment surrounded by national brands including Walmart, Lowe's, Walgreens, CVS, Whataburger, AutoZone, and Chick-fil-A, creating strong retail synergy and driving foot traffic.
- Proximity to Key Demand Drivers: The location benefits from nearby traffic generators including LSU Health Shreveport, Centenary College of Louisiana, and Ochsner LSU Health - Shreveport Medical Center, adding to the site's daily service demand.
Strong Demographics | Recession-Resistant Industry
- Supportive Trade Area: Over 120,000 residents within a 5-mile radius, with average household incomes nearing $60,000. Shreveport remains one of Louisiana's key economic hubs with consistent demand for essential automotive services.
- Essential, Recession-Resistant Business: Valvoline provides critical vehicle maintenance services that remain in high demand regardless of economic cycles, making this a stable, long-term investment in a needs-based industry.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group Los Angeles
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,781.00
$8,065.08/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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