10662 Fremont Pike - Auto Repair FOR SALE
Perrysburg, OH 43551 |
$1,590,000 USD
215-603-6914
10662 Fremont Pike
Perrysburg, OH 43551
HIGHLIGHTS
- Valvoline is an outparcel to French Quarter Square, a premium 40,000+ SF multi-building redevelopment
- Brand new, corporately guaranteed, 15-Year Absolute NNN Ground lease with 10% rent increases every 5 years
- Corporately guaranteed by Valvoline LLC, the second largest oil change service provider in the United States with over 1,650 locations (S&P: BB)
- The Property, along with the rest of French Quarter Square, benefits from high quality brand new construction which offers zero deferred maintenance
- 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.
- 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)
FOR SALE DETAILS
PRICE
$1,590,000 USD
PRICE/SF
$762 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Valvoline
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.44 AC
LAND SF
19,166 SF
ZONING
-
APN/PARCEL ID
P60-400-090101018000
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215-603-6914
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215-603-6914
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