Valvoline Instant Oil Change / Sweet Glaze Donuts for Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30667637 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Vehicle Related
|
| Building Size (RSF): |
4,660 SF
|
| Gross Land Area: |
0.77 Acres
|
| Sale Price: |
$1,107,455 |
| Unit Price: |
$237.65 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Building Name: |
Valvoline Instant Oil Change |
| Usable Size (USF): |
4,660 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.05% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
4/19/2024 |
Overview / Comments
Stirling Investment Advisors is pleased to present for sale a two-tenant building in Bossier City, Louisiana. Anchored by Valvoline Instant Oil Change, this property is located on a highly trafficked corner of Old Minden Road and Airline Drive, less than a half-mile from Interstate 20.
Valvoline Inc. (NYSE: VVV) is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Established in 1866, the company’s heritage spans more than 150 years, during which time it has developed powerful brand recognition across multiple product and service channels. Valvoline ranks as the No. 3 passenger car motor oil brand in the DIY market by volume.
It operates and franchises approximately 1,400 quick-lube locations, and it is the No. 2 chain by the number of stores in the United States under the Valvoline Instant Oil Change SM brand and the No. 3 chain by the number of stores in Canada under the Valvoline Great Canadian Oil Change brand. It also markets Valvoline lubricants and automotive chemicals, including the Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Advanced Full Synthetic motor oil; Valvoline Premium Blue™ heavy-duty motor oil; Valvoline Multi-Vehicle Automatic Transmission Fluid; and Zerex™ antifreeze.
|
Additional Details
| Nearest MSA: |
Shreveport-Bossier City |
| County: |
Bossier |
| Tax ID/APN: |
1813275P2 |
| Retail Clientele: |
General, Family, Traveler |
| Property Located Between: |
Old Minden Road and Airline Drive |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Airline Drive |
| Highway Access: |
Interstate 20 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,590 |
55,179 |
127,162 |
| Median Age: |
31.3 |
32.39 |
35.01 |
| Households: |
6,318 |
22,686 |
52,126 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
|
