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29199834
32294753

840 Overland Ave, Burley, ID 83318

MH
ID ID 2161177, CA CA 02081767 (+1)
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California
$2,781,000
12 days on market
Updated 12 days ago

Oil Changers (Valvoline) | Burley, ID

Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 1,267
Units 10
Cap Rate 6%
NOI $166,847
Occupancy 100%
Tenancy Single
Brand/Tenant Jiffy Lube, Take 5 Oil Change (+2)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 12/31/2040
Remaining Term 15
Rent Bumps Yes
Lease Options 3 Options of 5 Years Each
Price per SqFt $2,290
Broker Co-Op Yes
Class A
Year Built 2025
Acreage 0.570
Parking Spaces 10 spaces
Parking Per SqFt 7.89
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/19/2025
Ground Lease No
Sale Condition 1031 exchange

New 15-Year Corporate Abs NNN Lease | 26,000 VPD

Marketing description

New 15-year absolute NNN lease to Oil Changers, a regional Idaho leader with 200+ locations across North America.

10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.

Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.

Corporate-backed lease by Oil Changer Holding Corporation provides investor confidence in a proven automotive service brand.

As of December 1, 2025, Valvoline Inc. (NYSE: VVV) has closed on its $625 million acquisition of Breeze Autocare, parent of Oil Changers, adding nearly 200 stores across 17 states and expanding Valvoline’s North American footprint to over 2,200 locations.

Brand-new 1,267 SF facility built in 2025, tailored to Oil Changers’ operational needs for quick oil change services.

No nearby competition in the immediate region poises this location for significant future success.

Investment highlights

Prime Retail Location: High-visibility and easily accessible location at the four-way intersection of Overland Avenue & West 9th Street (combined 26,000+ AADT).

Strong Demographic Base: The five-mile radius serves a populous region of 25,383, with an average annual household income of $88,441.

Prime Burley Location: Less than one mile from Burley Municipal Airport and walking distance from Snake River, which welcomes approximately 150,000 annual visitors.

Zero Management Responsibilities: Absolute NNN lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot.

Growing Market Dynamic: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Oil Changers and Burley for steady concurrent growth.

Listing Contacts

MH
ID ID 2161177, CA CA 02081767 (+1)
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$166,847.00
$13,903.92/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

Map

Zoning

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C2 CommercialSpecial CommercialCommercial Highway District
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Last updated Feb 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
McKenney Houck
License
ID 2161177
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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