$1,759,650 USD
310-558-2029
401 Kings Hwy
Shreveport, LA 71104
Caddo Heights/South Highlands
HIGHLIGHTS
- Nationally Recognized Brand - Valvoline Instant Oil Change: Backed by Valvoline Inc. (NYSE: VVV), a leading provider of quick-lube automotive services
- New 15-Year Absolute NNN Lease: The lease features a full 15-year term with no landlord responsibilities, offering investors true passive income
- Built-In Rent Growth: The lease includes 10% rental increases every 5 years, providing steady NOI growth and a hedge against inflation
- Prime Shreveport Location: Located at 401 Kings Hwy, this Valvoline site is situated in a high-visibility, high-traffic corridor
- Thriving Commercial Area: The property is positioned in a dense retail environment surrounded by national brands including Walmart, Lowe's, Walgreens
- Proximity to Key Demand Drivers: The location benefits from nearby traffic generators including LSU Health Shreveport & Centenary College of Louisiana
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,505 SF Valvoline Located at 401 Kings Highway in Shreveport, LA. This Deal Includes a New 15-Year Absolute NNN Lease: The Lease Features a Full 15-Year Term With No Landlord Responsibilities, Offering Investors True Passive Income and Long-Term Security, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
FOR SALE DETAILS
PRICE
$1,759,650 USD
PRICE/SF
$1,169 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Valvoline - Shreveport, LA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
8
LAND DETAILS
CROSS STREETS
Gilbert
LAND ACRES
0.38 AC
LAND SF
16,553 SF
ZONING
C-2
APN/PARCEL ID
171307-131-0001-00
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310-558-2029
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310-558-2029
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