Valvoline
Retail | 5.50% CAP | 2,592 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Valvoline located at 3480 Delaware Avenue, Tonawanda, NY 14217. The site consists of roughly 2,592 rentable square feet of building space on an estimated 0.40-acre parcel of land. Valvoline is subject to an original 20-year Triple Net (NNN) lease, which commenced 10.26.2016. The current annual rent is $88,062 and has scheduled increases of 1.80% Annually.
Investment highlights
High-Visibility Corridor | Positioned on Delaware Ave with ±20,300 VPD, offering strong exposure along a primary north–south commuter route in North Buffalo/Tonawanda.
Essential, Recession-Resistant Use | Quick-lube automotive services provide consistent demand across economic cycles, supporting durable performance in all market conditions.
Dense Residential Trade Area | Over 135,000 residents within 3 miles provide a steady customer base supported by nearby neighborhoods and infill housing.
Strong Retail Synergy | Surrounded by national retailers including Aldi, Target, Tops, Starbucks, CVS, Walgreens, McDonald’s, and Planet Fitness.
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