Valvoline - Net Lease Property for Sale
Channahon, IL
Key Investment Metrics
Price
$1,647,300
Cap Rate
6.0%
Net Operating Income
$98,838
Building Size
1067 SF
Lot Size
1,067 SF
Land Area
1.28 Acres
Remaining Term
18.6 years
Lease Expiration
08/01/2044
Lease Term
20.4 years
Lease Commencement
03/20/2024
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2006
Occupancy
100%
Tenancy
Single
Rent Increases
Yes
About This Valvoline Net Lease Property
This Valvoline NNN (triple net lease) property is located in Channahon, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 1067 square feet of building space and was built in 2006.
With a cap rate of 6.0%, this Valvoline net lease property offers stable income potential. The asking price is $1,647,300, making it an attractive option for 1031 exchange investors seeking quality Valvoline commercial properties.
Why Invest in Valvoline NNN Properties?
- Stable Income: Valvoline net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Valvoline 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.
Channahon, IL Market Overview
Located in Channahon, IL, this Valvoline property benefits from strong local demographics and market fundamentals. The Channahon area offers excellent visibility and accessibility, making it an ideal location for Valvoline operations and a solid investment for net lease property buyers.