Valvoline Instant Oil Change
Valvoline Instant Oil Change | 7.05% CAP | 4,660 SqFt
Marketing description
Stirling Investment Advisors is pleased to present for sale a two-tenant building in Bossier City, Louisiana. Anchored by Valvoline Instant Oil Change, this property is located on a highly trafficked corner of Old Minden Road and Airline Drive, less than a half-mile from Interstate 20.
Valvoline Inc. (NYSE: VVV) is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Established in 1866, the company’s heritage spans more than 150 years, during which time it has developed powerful brand recognition across multiple product and service channels. Valvoline ranks as the No. 3 passenger car motor oil brand in the DIY market by volume.
It operates and franchises approximately 1,400 quick-lube locations, and it is the No. 2 chain by the number of stores in the United States under the Valvoline Instant Oil Change SM brand and the No. 3 chain by the number of stores in Canada under the Valvoline Great Canadian Oil Change brand. It also markets Valvoline lubricants and automotive chemicals, including the Valvoline High Mileage with Max Life technology motor oil for engines over 75,000 miles; Valvoline Advanced Full Synthetic motor oil; Valvoline Premium Blue™ heavy-duty motor oil; Valvoline Multi-Vehicle Automatic Transmission Fluid; and Zerex™ antifreeze.
Investment highlights
Valvoline - 10 year primary term with four, 5-yr renewal options. 1.5% annual rent increases throughout the remainder of the term, including renewal options
Zero landlord responsibilities - Corporate lease with Valvoline, Inc.
Valvoline is responsible for 0.422 acre portion of the entire tract
Sweet Glaze Donuts recently signed a 5-year renewal option
Sweet Glaze pays NNN for their 1,520 SF space
Landlord is responsible for (subject to tenant reimbursement) for building, liability insurance, and common area maintenance for their portion of the parcel
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
