Log In/Sign Up
Your email has been sent.
Valvoline 10662 Fremont Pike 2,087 SF Retail Building Perrysburg, OH 43551 $1,590,000 ($761.86/SF) 5% Cap Rate
Investment Highlights
- Prime Outparcel Location: ±0.44-acre outparcel to the 40,000+ SF French Quarter Square mixed-use redevelopment driving daily traffic.
- New 2023 Construction: 2,087 SF all-brick, French Quarter-style building with tenant responsible for roof and structure.
- Dense National Retail Corridor: Surrounded by Walmart, Target, Kroger, Home Depot, Lowe’s, ALDI, Chick-fil-A, Starbucks, and others.
- Long-Term NNN Ground Lease: 12+ years remaining with 10% rent increases every five years through all option periods.
- Credit Tenant Guarantee: Corporately guaranteed by Valvoline LLC, the nation’s second-largest oil change provider.
- Strong Visibility & Demographics: 36,000+ VPD on Fremont Pike near I-75 (72,000+ VPD) in an affluent Perrysburg submarket.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,087 SF
Year Built
2024
Price
$1,590,000
Price Per SF
$761.86
Cap Rate
5%
NOI
$79,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.44 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Services
- -
- -
- Triple Net
- Jul 2038
Valvoline™ has spent more than 150 years under the hood perfecting their lubricants to improve vehicle performance. As a division of Valvoline, Valvoline Instant Oil Change is a part of that rich heritage. With oil changes in about 15 minutes and over 1,500+ locations, Valvoline Instant Oil Change will keep clients drivers on the road so they stay on top of their business. With their preventive maintenance services they’ll save on average 20-50% more than most dealerships.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Services | - | - | Triple Net | Jul 2038 |
Nearby Major Retailers
Property Taxes
| Parcel Number | P60-400-090101018000 | Improvements Assessment | $492,485 |
| Land Assessment | $330,995 | Total Assessment | $823,480 |
Property Taxes
Parcel Number
P60-400-090101018000
Land Assessment
$330,995
Improvements Assessment
$492,485
Total Assessment
$823,480
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Valvoline | 10662 Fremont Pike
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.