254 S Denton Tap Rd - Auto Repair FOR SALE
Coppell, TX 75019 |
$1,756,000 USD
844-585-7682
254 S Denton Tap Rd
Coppell, TX 75019
HIGHLIGHTS
- Single-Tenant Corporate Valvoline Instant Oil Change (NYSE: VVV):
- New 15-Year Absolute NNN Lease (10 Years Remaining); Zero Landlord Responsibilities
- 10% Increases Every 5 Years During the Base Term and Each of the Three Option Periods
- Rare Price Point for a Building and Land Lease Due to the Below-Market Rent
- The Property Features a Larger 3-Bay Concept vs. Valvoline’s Standard 2-Bay Concept
- Valvoline Is the Second-Largest Quick Lube Chain in the United States (2,300+ Locations)
FOR SALE DETAILS
PRICE
$1,756,000 USD
PRICE/SF
$641 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Valvoline | Coppell, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
8
LAND DETAILS
LAND ACRES
0.61 AC
LAND SF
26,572 SF
ZONING
Z31
APN/PARCEL ID
180069700A1R20000
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844-585-7682
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844-585-7682
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