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1891 W State Road 426
Oviedo, FL 32765
Valvoline Instant Oil Change · Retail Property For Sale
Property Facts
About 1891 W STATE ROAD 426 , OVIEDO, FL 32765
CBRE is pleased to present this absolute NNN Valvoline Instant Oil Change property located in Oviedo, Florida (Orlando MSA). Valvoline has been operating at this location since 2000 and recently renewed their lease for five years. This property benefits from the heavy traffic counts along W. Broadway Street (S.R. 426) & Red Bug Lake Road (total 69,500 AADT) and the shared access with a very busy Wawa gas & convenience store that was constructed in 2016 at the hard corner signalized intersection. The lease is structured as absolute NNN with no landlord management obligations and fixed rental increases of 10% every 5 years. The offering includes land and building allowing for the tax benefits from depreciation.
Property Taxes
| Parcel Number | 16-21-31-5CA-0000-122G | Improvements Assessment | $214,602 |
| Land Assessment | $727,110 | Total Assessment | $941,712 |
Property Taxes
