Price $1,735,000 | Built/Renov 2000 | Tenant Valvoline |
Cap Rate 5.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
Size/SF
3,491
| Lease Start
05-01-2021
| #Units
1,715
|
Price/SF $496.99 | Expiration
04-30-2036
| Tenant Type Automotive |
NOI $95,344 | R. Term 12.4 | Ownership Fee Simple |
Rent/SF
$27.31
| Increases 10.0%/5/yrs | Pop 5Mi 201,182 |
Lot/AC 0.70 | Options 3/5yrs/10% | AHHI 5Mi $148,115 |
| |
This Valvoline is strategically located on Justin Road, a dominant retail corridor that sees 28,500+ vehicles passing by daily. The property benefits from shared access between RaceTrac, Christian Brothers Automotive, Discount Tire, National Tire and Battery, and O’Reilly Auto, creating excellent synergy among tenants. The site is positioned in a dense, high-growth area with strong...
...Build to suit
Near major nationals
Strategically located
Highway location
Top 100 MSA
Income tax free state
Absolute NNN
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
Valvoline Inc. is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Valvoline was established in 1866 in...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 10,673 | 81,249 | 195,045 |
2023 Total Population : | 10,770 | 80,462 | 192,601 |
2023 Employed Civilian Pop : | 6,169 | 45,203 | 105,015 |
2023 Total Businesses : | 467 | 3,231 | 6,530 |
2023 Average Household Income : | $ 173,003 | $ 150,211 | $ 152,720 |
2023 Total Consumer Spending : | $ 505 M | $ 3718 M | $ 8620 M |
2023 Median Age : | 40 | 40 | 38 |
2023 Total Households : | 3,499 | 29,261 | 66,622 |
2023 Pop Age 25+: Bachelor's Degree : | 2,661 | 20,790 | 46,084 |
2023 Average Home Value : | $ 399,178 | $ 427,377 | $ 426,225 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Justin Rd | Stone Hill Farms Pkwy | 2011 | 29,256 | 0.22 mi |
Highland Village Rd | Nowlin Dr | 2004 | 10,460 | 0.34 mi |
Valley Ridge Blvd | Fox Glen Ln | 2011 | 11,357 | 0.34 mi |
Village Estates Dr | Villa PkDr | 2009 | 570 | 0.37 mi |
Morriss Rd | Justin Rd | 2011 | 14,986 | 0.40 mi |
Sellmeyer Ln | Meadowcrest Dr | 2004 | 4,590 | 0.52 mi |
Dixon Ln | Morriss Rd | 2004 | 6,640 | 0.55 mi |
Desiree Ln | Medina Dr | 2009 | 450 | 0.56 mi |
Morriss Rd | Dixon Ln | 2011 | 18,308 | 0.57 mi |
Aspen Dr | Justin Rd | 2009 | 1,190 | 0.62 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]