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Valvoline 10662 Fremont Pike 2,087 SF Retail Building Perrysburg, OH 43551 $2,161,144 CAD ($1,035.53 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Outparcel Location: ±0.44-acre outparcel to the 40,000+ SF French Quarter Square mixed-use redevelopment driving daily traffic.
- New 2023 Construction: 2,087 SF all-brick, French Quarter-style building with tenant responsible for roof and structure.
- Dense National Retail Corridor: Surrounded by Walmart, Target, Kroger, Home Depot, Lowe’s, ALDI, Chick-fil-A, Starbucks, and others.
- Long-Term NNN Ground Lease: 12+ years remaining with 10% rent increases every five years through all option periods.
- Credit Tenant Guarantee: Corporately guaranteed by Valvoline LLC, the nation’s second-largest oil change provider.
- Strong Visibility & Demographics: 36,000+ VPD on Fremont Pike near I-75 (72,000+ VPD) in an affluent Perrysburg submarket.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,087 SF
Year Built
2024
Price
$2,161,144 CAD
Price Per SF
$1,035.53 CAD
Cap Rate
5%
NOI
$108,057 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.44 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Services
- -
- -
- Triple Net
- Jul 2038
Valvoline™ a passé plus de 150 ans sous le capot à perfectionner ses lubrifiants pour améliorer la performance du véhicule. En tant que division de Valvoline, Valvoline Instant Oil Change fait partie de ce riche patrimoine. Avec des changements d'huile en environ 15 minutes et plus de 1 500 emplacements, Valvoline Instant Oil Change permettra aux clients de rester sur la route afin qu'ils restent au top de leurs activités. Grâce à leurs services d'entretien préventif, ils économiseront en moyenne 20 à 50 % de plus que la plupart des concessionnaires.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Services | - | - | Triple Net | Jul 2038 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | P60-400-090101018000 | Improvements Assessment | $669,391 CAD |
| Land Assessment | $449,892 CAD | Total Assessment | $1,119,282 CAD |
PROPERTY TAXES
Parcel Number
P60-400-090101018000
Land Assessment
$449,892 CAD
Improvements Assessment
$669,391 CAD
Total Assessment
$1,119,282 CAD
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Valvoline | 10662 Fremont Pike
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