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Valvoline - Cincinnati, OH 6650 Hamilton Ave 1,200 SF Retail Building Cincinnati, OH 45224 $1,038,084 CAD ($865.07 CAD/SF) 5.65% Cap Rate
Investment Highlights
- This deal is eligible for 100% bonus depreciation, allowing investors to accelerate tax benefits.
- This Valvoline has a lower rent than other Valvolines, making it an accessible, lower price point offering.
- In 2027, there will be an increase in base rental income, raising the cap rate to 6.00%.
- The lease has a corporate guarantee by Valvoline LLC, the second-largest oil change service provider in the United States, with a $4.1 billion market.
- No landlord responsibilities.
- There are 6+ years remaining on the lease with three five-year options to extend.
Executive Summary
We are pleased to exclusively offer for sale the 1,200 SF Valvoline located at 6650 Hamilton Avenue in Cincinnati, Ohio. The property features a nationally recognized, service-oriented tenant with a long operating history and an Absolute Triple Net (NNN) Lease structure, providing truly passive, zero landlord-responsibility ownership. Additionally, the investment qualifies for 100% bonus depreciation, allowing investors to accelerate tax benefits.
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,200 SF
Year Built
1991
Price
$1,038,084 CAD
Price Per SF
$865.07 CAD
Cap Rate
5.65%
NOI
$58,642 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.44 AC
Zoning
C
Parking
10 Spaces (8.33 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Valvoline
- Retailer
- 1,200 SF
- $48.87 CAD
- Triple Net
- May 2032
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Valvoline | Retailer | 1,200 SF | $48.87 CAD | Triple Net | May 2032 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $62,935 CAD | |
| Land Assessment | $142,545 CAD | Total Assessment | $205,480 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$142,545 CAD
Improvements Assessment
$62,935 CAD
Total Assessment
$205,480 CAD
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Valvoline - Cincinnati, OH | 6650 Hamilton Ave
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