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Valvoline | Coppell, TX 254 S Denton Tap Rd 2,738 SF Retail Building Coppell, TX 75019 $1,756,000 ($641.34/SF) 5% Cap Rate
Investment Highlights
- Single-Tenant Corporate Valvoline Instant Oil Change (NYSE: VVV):
- 10% Increases Every 5 Years During the Base Term and Each of the Three Option Periods
- The Property Features a Larger 3-Bay Concept vs. Valvoline’s Standard 2-Bay Concept
- New 15-Year Absolute NNN Lease (10 Years Remaining); Zero Landlord Responsibilities
- Rare Price Point for a Building and Land Lease Due to the Below-Market Rent
- Valvoline Is the Second-Largest Quick Lube Chain in the United States (2,300+ Locations)
Executive Summary
Property Facts
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Services
- -
- -
- Triple Net
- Apr 2036
Valvoline Instant Oil Change began in 1985 and built its business around quick, stay-in-your-car oil changes and preventive vehicle maintenance. The company’s services include oil changes, fluid checks and replacements, battery testing and replacement, wiper replacement, and other routine maintenance tasks. Valvoline Instant Oil Change has grown into a broad retail service network across the United States, with more than 2,100 locations listed on its official site. The business sits within the wider Valvoline brand family, which traces its heritage to the original Valvoline motor oil brand founded in 1866.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Services | - | - | Triple Net | Apr 2036 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 180069700A1R20000 | Improvements Assessment | $732,940 |
| Land Assessment | $264,840 | Total Assessment | $997,780 |
Property Taxes
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Valvoline | Coppell, TX | 254 S Denton Tap Rd
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