Historical Retail Sale Listing - Valvoline

Retail For Sale

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Valvoline

2330 Sun valley Drive, Delafield, WI 53018

N/A

8,194 SF | Retail

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Front of store

Retail Property - Off Market

Price:
N/A
Building Size:
8,194 SF
Property Type:
Retail
Property Sub-type:
Vehicle Related
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
2%
Cap Rate:
7.25%
Tenancy:
Single
Lot Size:
1.47 SF
Listing ID
15712060
Last Updated
160 days ago

Description

The IRS allows oil and gas business to be depreciated over 15 years. This alone is a major difference versus other NNN.

The property has over 17 years left on the first term (expires on 04/30/2034). The lease has 4 five year renewall options. The tenant has 31 stores as of this date and they are adding more. The company is run by experienced management from this industry. The property has 1.5% annual rental increases.

This is a true triple net (tenant pays for everything except for the mortgage you may, or may not, put on the property). Tenant has insurance for environmental spills.

The property has a lube facility, car wash and tetailing facility (all run by the same franchisee)

This is a very high growth area in Wisconsin with many large franchisee's near this location. It is currently the second largest performing store for the franchisee.

The 2% commission is not being shared with me, it is exclusively for the broker who brings in the buyer.

Map of 2330 Sun valley Drive, Delafield, WI 53018 (Waukesha County)

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