81 Heffelman Dr - Auto Repair FOR SALE


Grove, OK 74344
$2,741,172 USD
332-345-4311
81 Heffelman Dr, Grove, OK for Sale
$2,741,172 USD
Auto Repair - FOR SALE
1/2
null | 7.25% Cap Rate

81 Heffelman Dr
Grove, OK 74344


HIGHLIGHTS

  • Strong Unit Level Performance | The subject property benefits from strong, underlying unit level performance.
  • New, 2023 Construction Retrofitted by the Tenant | The property is a 2023 new construction oil change shop that the tenant retrofitted in 2025
  • Located Adjacent to a Lowe's Home Improvement Store

OVERVIEW

Surmount is pleased to present the exclusive listing for a Valvoline located at 81 Heffelman Drive, Grove, OK 74344. The site consists of roughly 3,200 rentable square feet of building space on an estimated 1.36-acre parcel of land. This Valvoline is subject to a 20-year Triple Net (NNN) lease, which commenced 3/10/2025. The current annual rent is $198,735 and has scheduled increases of 2.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$2,741,172 USD

PRICE/SF

$857 USD /SF

CAP RATE

7.25%

% 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

2023

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

-

APN/PARCEL ID

0091611

ASK ABOUT THIS PROPERTY

Francis PurritanoSurmountMore Info
332-345-4311

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Francis PurritanoSurmountMore Info
332-345-4311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.