Matthews Logo

Navigation Menu

2425 Cassopolis St, Elkhart, IN, 46514

Valvoline
Closed

Key Information

Year Built
2025
Term Remaining
±20 YRS
Type
Retail

Highlights

  • 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.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203