SW Kingswood Dr - Auto Repair FOR SALE


Tumwater, WA 98512
$2,352,941 USD
360-480-6680
SW Kingswood Dr, Tumwater, WA for Sale
$2,352,941 USD
Auto Repair - FOR SALE
1/1
null | 5% Cap Rate

SW Kingswood Dr
Tumwater, WA 98512


OVERVIEW

Valvoline is situated on a 34,412-square-foot parcel and leased directly to Valvoline corporate, which has over 2000 stores in operation. The Lease includes a 15-year initial term, three 5-year renewal options, and 10% increases every 5 years. It is structured as an absolute NNN Ground Lease. This is a rare opportunity to acquire multiple properties within a newly developed center and net-leased retail assets in a high-visibility location, combining built-in value growth with long-term passive income. The owner will consider selling all or part of the portfolio

FOR SALE DETAILS

PRICE

$2,352,941 USD

PRICE/SF

$1,131 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Valvoline

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

GC

APN/PARCEL ID

12703240412

ASK ABOUT THIS PROPERTY

Ryan HaddockKidder MathewsMore Info
360-480-6680

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Ryan HaddockKidder MathewsMore Info
360-480-6680

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