Listed for $2,148,000 yielding a cap rate of 6.75%.
Long-term Lease of ±20 Years demonstrates commitment to the site.
100% Bonus Depreciation – quick lube properties may qualify for special tax benefits in 2025. **Contact your CPA for more information.
Adjacent to Meijer Shopping Center
New Development – built in 2025.
Absolute NNN Lease has zero landlord responsibilities.
Growing Operator – tenant is an actively growing franchisee with more sites set to open soon.
Rent Increases – 10% increases every 5 years provide effective hedge against inflation.
Valvoline is a national leader in the quick lube industry – (NYSE: VVV); Valvoline is a Publicly Traded Company With a Market Cap of $5.73 Billion, 2,000+ locations nationally, and an aggressive growth plan of 250 new stores annually.
Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule
**Consult your tax or accounting professional for more information.
Ecommerce & Recession-Proof Investment – Quick lube sector is not heavily affected by changes in the economy.
Strong Retail Synergy – Taco Bell, Meijer Gas Station, Hardee’s, Arby’s, and more.
Steady Population Growth – 1.1% annually in a 3-mi radius.