1318 S Frontage Rd
Hastings, MN 55033
Valvoline · Retail Property For Sale

including walmart supercenter, cub, fleet farm, autozonme, mcdonalds, chopotle, arbus and more. beneficial proximity to large meployer, less than one lmile from unirted hopital, hasitnga regina campus ont of th elarges emplyuers in hasting with approximately 370 employures and fee simple NN structre transfers maintence and expense obligations to the tenant, including roof, structure, and parking lot. Also fee simple structure may allow a prtion ofbasis to qualify for 100 bonus depreciation via cost segreation -consult ur tax adivors.
Copilot said:
This property is ideally located with excellent visibility and access near the signalized intersection of Westview Drive and Highway 55 (Olson Memorial Highway), which experience a combined traffic count of more than 23,000 vehicles per day. Valvoline ranks as the second-largest quick lube chain in the United States by store count, with over 2,000 locations nationwide.
The five-mile radius serves a densely populated region of more than 20,000 residents and is supported by an average annual household income of approximately $120,000. The property is surrounded by a strong mix of national and local retailers, including Walmart Supercenter, Cub, Fleet Farm, AutoZone, McDonald's, Chipotle, Arby's, and more.
Further enhancing the location is its proximity to major employers. The property is located less than one mile from United Hospital, Hastings Regina Campus, one of the largest employers in Hastings with approximately 370 employees.
The fee simple NNN lease structure transfers maintenance and operating expense obligations to the tenant, including responsibility for the roof, structure, and parking lot. Additionally, the fee simple ownership structure may allow a portion of the property's basis to qualify for 100% bonus depreciation through a cost segregation study. Investors should consult their tax advisors regarding potential tax benefits.