Property Details

Valvoline Instant Oil Change

Tonawanda, NY
Property ID: 5529

Financial Summary

Asking Price $1,102,941
Cap Rate 6.80%
Net Operating Income (NOI) $75,000
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.
  • Strong Location - Visible to over 22,000 vehicles per day. Located in a strong retail corridor including: CVS, Burger King, McDonald’s, Panera Bread and Chipotle
  • Good Demographics - 3 mile population exceeds 140,000

Location

3480 Delaware Ave
Tonawanda, NY

Leigh ClineValvoline Instant Oil Change