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EXECUTIVE SUMMARY
• Long-term tenant
• Only quick oil change within 10-mile radius
• NNN lease; tenant pays direct property taxes, insurance, and utilities
• Only quick oil change within 10-mile radius
• NNN lease; tenant pays direct property taxes, insurance, and utilities
PROPERTY FACTS In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,260 SF
Building Class
B
Year Built
2005
Price
$1,415,000
Price Per SF
$1,123.02
Cap Rate
7%
NOI
$98,995
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.33 AC
Zoning
C-3
Parking
6 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
74’ on 2nd St
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Services
- -
- $23.32
- Triple Net
- Aug 2020
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 | - | $23.32 | Triple Net | Aug 2020 |
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 516682 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $377,950 |
PROPERTY TAXES
Parcel Number
516682
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$377,950
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901 N 2nd St
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