Valvoline - Net Lease Property for Sale
Lapeer, MI
Key Investment Metrics
Price
$1,641,000
Cap Rate
5.8%
Net Operating Income
$94,343
Building Size
1570 SF
Lot Size
1,570 SF
Land Area
0.31 Acres
Remaining Term
19.8 years
Lease Expiration
10/31/2045
Lease Term
20 years
Lease Commencement
11/03/2025
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
N/A
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Valvoline Net Lease Property
This Valvoline NNN (triple net lease) property is located in Lapeer, MI and represents an excellent investment opportunity for commercial real estate investors. The property features 1570 square feet of building space.
With a cap rate of 5.8%, this Valvoline net lease property offers stable income potential. The asking price is $1,641,000, 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.
Lapeer, MI Market Overview
Located in Lapeer, MI, this Valvoline property benefits from strong local demographics and market fundamentals. The Lapeer area offers excellent visibility and accessibility, making it an ideal location for Valvoline operations and a solid investment for net lease property buyers.