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Valvoline 10662 Fremont Pike 2,087 SF Retail Building Perrysburg, OH 43551 $2,219,513 CAD ($1,063.49 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Valvoline is an outparcel to French Quarter Square, a premium 40,000+ SF multi-building redevelopment
- Corporately guaranteed by Valvoline LLC, the second largest oil change service provider in the United States with over 1,650 locations (S&P: BB)
- Perrysburg is a dense Toledo submarket just 2 hours from Cleveland and 1 hour from Detroit - 85k residents within 5 mi. and $108k+ AHI within 3 mi.
- Brand new, corporately guaranteed, 15-Year Absolute NNN Ground lease with 10% rent increases every 5 years
- The Property, along with the rest of French Quarter Square, benefits from high quality brand new construction which offers zero deferred maintenance
- Visibility on Route 20/23, Fremont Pike, with 36,000+ vehicles passing by daily, just hundreds of feet from its interchange with I-75 (72,833 VPD)
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,087 SF
Year Built
2024
Price
$2,219,513 CAD
Price Per SF
$1,063.49 CAD
Cap Rate
5%
NOI
$110,976 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.44 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | P60-400-090101018000 | Improvements Assessment | $691,331 CAD |
| Land Assessment | $464,638 CAD | Total Assessment | $1,155,968 CAD |
PROPERTY TAXES
Parcel Number
P60-400-090101018000
Land Assessment
$464,638 CAD
Improvements Assessment
$691,331 CAD
Total Assessment
$1,155,968 CAD
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Valvoline | 10662 Fremont Pike
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