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Oil Changers | Wasco, CA 1640 Highway 46 2,500 SF 100% Leased Retail Building Wasco, CA 93280 $3,927,809 CAD ($1,571.12 CAD/SF) 5.85% Cap Rate
Investment Highlights
- Corporate Oil Changers / Valvoline Inc. (NYSE: VVV) New 15-Year Absolute NNN Lease; 10% Increases Every 5 Years
- Oil Changers Was Acquired by Valvoline in December 2025, Further Adding to the Brand’s Corporate Guaranty With 2,000+ Locations
- Conveniently Accessible to Interstate 5 and State Highways 99, 46, 43, and 58
- Oil Changers Is a Leading Independent Fast Oil and Lube Business Offering a Convenient Drive-Thru Model With 200+ Locations
- Wasco Is Within the Logistics Hub of Central California and the Entire Western Region
- High-Growth Trade Area: 12.74% population growth from 2010 to 2020 within a 3-mile radius
Executive Summary
New 15-Year Absolute NNN Lease | Corporate Valvoline Inc. (NYSE: VVV; 2,000+ Units) | Pad to Grocery Outlet Anchored Center
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
2,500 SF
Building Class
B
Year Built
2025
Price
$3,927,809 CAD
Price Per SF
$1,571.12 CAD
Cap Rate
5.85%
NOI
$229,791 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
0.83 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 5
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Oil Changers | Wasco, CA | 1640 Highway 46
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