Property ID #: 18605
Tenant Name: Valvoline
Street Address:
City: Shreveport
State: LA
Zip: 71104

COMPANY DESCRIPTION

Valvoline Inc. is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Established in 1866, Valvoline's heritage spans over 150 years, during which it has developed powerful brand recognition across multiple product and service channels. The highly trusted brand ranks as the No. 3 passenger car motor oil brand in the DIY market by volume and the No. 2 quick-lube chain by number of stores in the United States. The company operates and franchises more than 1,100 Valvoline Instant Oil Change? centers in the United States. It also markets Valvoline lubricants and automotive chemicals, including the new Valvoline™ Modern Engine Full Synthetic Motor Oil, which is specifically engineered to protect against carbon build-up in Gasoline Direct Injection (GDI), turbo and other engines manufactured since 2012; Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Synthetic motor oil; and Zerex™ antifreeze.

Website: www.vioc.com
Sector: Automotive

FINANCIAL PROFILE

Price: $1,144,314
NOI:
Cap Rate: 6.20
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): BB+

LEASE ABSTRACT

Lease Type: NNN
Years Remaining: 6
Initial Term Increases: 1.5% annual rent increase including renewal options
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: Four 5-year renewal options
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership: Fee Simple
Year Built: 1999
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 1
Lot AC :

DEMOGRAPHICS

Population
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3-Mile:
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Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

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