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Valvoline - Shreveport, LA 401 Kings Hwy 1,505 SF Retail Building Shreveport, LA 71104 $1,683,148 ($1,118.37/SF) 5.75% Cap Rate
Investment Highlights
- Backed by Valvoline Inc. (NYSE: VVV), a leading provider of quick-lube automotive services with over 1,800 locations nationwide.
- The lease includes 10% rental increases every 5 years, providing steady NOI growth and a hedge against inflation throughout the primary term.
- The property is positioned in a dense retail environment surrounded by national brands, including Walmart, Lowe’s, Walgreens, CVS, Whataburger.
- The lease features a full 15-year term with no landlord responsibilities, offering investors true passive income and long-term security.
- Located at 401 Kings Hwy, this Valvoline site is situated in a high-visibility, high-traffic corridor with over 30,000 vehicles per day.
- The location benefits from nearby traffic generators, including LSU Health Shreveport, Centenary College of Louisiana, and Ochsner LSU Health.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 1,505 SF Valvoline located at 401 Kings Hwy in Shreveport, LA. This deal includes a new 15-year Absolute Triple Net (NNN) Lease featuring a full 15-year term with no landlord responsibilities, offering investors true passive income and long-term security.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,505 SF
Building Class
C
Year Built
1999
Price
$1,683,148
Price Per SF
$1,118.37
Cap Rate
5.75%
NOI
$96,781
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.38 AC
Zoning
C-2 - Commercial
Parking
8 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
65’ on Kings Hwy
Amenities
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Valvoline
- Mining, Quarrying, and Oil and Gas Extraction
- 1,505 SF
- $64.31
- Mar 2040
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Valvoline | Mining, Quarrying, and Oil and Gas Extraction | 1,505 SF | $64.31 | Mar 2040 |
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 171307-131-0001-00 | Improvements Assessment | $32,945 |
| Land Assessment | $9,406 | Total Assessment | $42,351 |
Property Taxes
Parcel Number
171307-131-0001-00
Land Assessment
$9,406
Improvements Assessment
$32,945
Total Assessment
$42,351
Contacts
-
Dave Wirgler -
Michael Gonzalez -
Max Freedman -
Adam Scherr -
Sands Investment Group Austin, LLC
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