Valero - Net Lease Property for Sale
Shreveport, LA
Key Investment Metrics
Price
$800,000
Cap Rate
8.3%
Net Operating Income
$66,000
Building Size
1152 SF
Lot Size
1,152 SF
Land Area
0.52 Acres
Remaining Term
2.2 years
Lease Expiration
09/16/2028
Lease Term
10.1 years
Lease Commencement
08/15/2018
Year Built
2004
Occupancy
Vacant
Tenancy
Vacant
Rent Increases
No
About This Valero Net Lease Property
This Valero NNN (triple net lease) property is located in Shreveport, LA and represents an excellent investment opportunity for commercial real estate investors. The property features 1152 square feet of building space and was built in 2004.
With a cap rate of 8.3%, this Valero net lease property offers stable income potential. The asking price is $800,000, making it an attractive option for 1031 exchange investors seeking quality Valero commercial properties.
Why Invest in Valero NNN Properties?
- Stable Income: Valero net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Valero is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Shreveport, LA Market Overview
Located in Shreveport, LA, this Valero property benefits from strong local demographics and market fundamentals. The Shreveport area offers excellent visibility and accessibility, making it an ideal location for Valero operations and a solid investment for net lease property buyers.