$1,683,148 USD
213-417-9370
401 Kings Hwy
Shreveport, LA 71104
Caddo Heights/South Highlands
HIGHLIGHTS
- Backed by Valvoline Inc. (NYSE: VVV), a leading provider of quick-lube automotive services with over 1,800 locations nationwide.
- The lease features a full 15-year term with no landlord responsibilities, offering investors true passive income and long-term security.
- The lease includes 10% rental increases every 5 years, providing steady NOI growth and a hedge against inflation throughout the primary term.
- Located at 401 Kings Hwy, this Valvoline site is situated in a high-visibility, high-traffic corridor with over 30,000 vehicles per day.
- The property is positioned in a dense retail environment surrounded by national brands, including Walmart, Lowe’s, Walgreens, CVS, Whataburger.
- The location benefits from nearby traffic generators, including LSU Health Shreveport, Centenary College of Louisiana, and Ochsner LSU Health.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 1,505 SF Valvoline located at 401 Kings Hwy in Shreveport, LA. This deal includes a new 15-year Absolute Triple Net (NNN) Lease featuring a full 15-year term with no landlord responsibilities, offering investors true passive income and long-term security.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
FOR SALE DETAILS
PRICE
$1,683,148 USD
PRICE/SF
$1,118 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Valvoline - Shreveport, LA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Service Station, Storefront, Storefront Retail/Office
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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213-417-9370
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213-417-9370
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