Property Details

Valvoline Instant Oil Change

Cheektowaga, NY
Property ID: 5523

Financial Summary

Asking Price $1,161,764
Cap Rate 6.80%
Net Operating Income (NOI) $79,000
Lease Type NNN
Lease Term Remaining 20 Years
Increases 1.8% Annually
The Offering Memorandum for this property is no longer available.

Contact

Natalia Nunno
Associate Director
703.787.4715
Jonathan W. Hipp
President & CEO
703.787.4725

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Highlights

  • Optimal Lease Structure - NNN lease with 20 years remaining and annual 1.8% rent increases
  • Established Franchisee -Over 29 years experience. Operated this location for 10 years. Operates eight Valvoline locations
  • Convenient Location - Located 5 miles from SUNY Buffalo with over 10,000 students & 2.5 miles from NYS Thruway (I-90)
  • Strong Demographics - 3 mile population exceeds 137,000

Location

3251 Harlem Rd
Cheektowaga, NY

Leigh ClineValvoline Instant Oil Change