Valvoline NNN Investment For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30611043
Property Subtypes: Free-Standing Building, Vehicle Related
Building Status: Under Construction
Building Size (RSF): 2,345 SF
Gross Land Area: 0.68 Acres
Sale Price: $1,600,000
Unit Price: $682.30 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 5.5%
Average Occupancy Rate: 100
Last Updated: 9/28/2020

Overview / Comments

Walter Dickinson of Tampa Bay, Inc. is proud to exclusively bring this unique investment opportunity to market. This freestanding opportunity is a Valvoline Instant Oil Change facility situated at the northeast signalized corner of E. Brandon Blvd.(SR 60) & Mt. Carmel Rd., Brandon/Valrico, Hillsborough County, FL. The Valvoline facility is situated strategically within a dense retail corridor, within close proximity to Home Depot, Lowes and Publix. Property Highlights are as follows:

• $1.6 Million
• 10-year base term with options
• 10% increases every five years
• NNN lease
• 5.5% CAP Rate

For further information, please take a moment and review Offering Memorandum.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 202924ZZZ000002596900U
Property Visibility: Excellent
Year Built: 2020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,939 96,844 195,427
Median Age: 39.68 38.73 37.22
Households: 5,181 35,395 72,805

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