Log In/Sign Up
Your email has been sent.
Valvoline 10662 Fremont Pike 2,087 SF Retail Building Perrysburg, OH 43551 $2,176,281 CAD ($1,042.78 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
$2,176,281 CAD
Price Per SF
$1,042.78 CAD
Cap Rate
5%
NOI
$108,814 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™ has spent more than 150 years under the hood perfecting their lubricants to improve vehicle performance. As a division of Valvoline, Valvoline Instant Oil Change is a part of that rich heritage. With oil changes in about 15 minutes and over 1,500+ locations, Valvoline Instant Oil Change will keep clients drivers on the road so they stay on top of their business. With their preventive maintenance services they’ll save on average 20-50% more than most dealerships.
| 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 | $673,537 CAD |
| Land Assessment | $452,679 CAD | Total Assessment | $1,126,216 CAD |
Property Taxes
Parcel Number
P60-400-090101018000
Land Assessment
$452,679 CAD
Improvements Assessment
$673,537 CAD
Total Assessment
$1,126,216 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Valvoline | 10662 Fremont Pike
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.