Skip to main content

Auto Service - Gas-Conv

Absolute NNN Valvoline Instant Oil Change

6650 Hamilton Ave, Cincinnati, OH 45224

Listing Price: $817,000

Cap Rate
5.25%
Tenant Name
Valvoline Instant Oil Change
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
1,200
Lease Type
Absolute Net
Rent Per Square Feet
$35.73

Investment Overview

Marcus & Millichap is pleased to bring to market this absolute triple-net Valvoline Instant Oil Change with a new 10-year extension and 30 years of occupancy in Cincinnati, Ohio.

Investment Highlights

  • Absolute Triple-Net Valvoline Instant Oil Change | No Landlord Responsibility | Cincinnati, Ohio
  • Newly Executed Ten-Year Extension | Rent Increase During Term and Each of the Three Five-Year Options
  • Corporate Guarantee | Over Thirty Years of Historical Occupancy
  • Positioned Close to Ronald Reagan Highway that Connects East and West Cincinnati | Over 51,000 Vehicles per Day | Located Near North College Hill High School, the Local Community Center and City Hall
  • Close Proximity to Other Retailers Including Roses, Dollar General, McDonald's, Walgreens, Fresenius, etc. | Average Household Income Exceeds $72,000 within Five-Miles
  • More than 213,000 Residents and Over 182,000 Employees within Five-Miles | Less than 10 Miles from Downtown Cincinnati, Ohio

Exclusively Listed By

  • Joel Dumes

    Senior Managing Director Investments

    (513) 878-7720

    Email Joel

    License(s): OH: SAL.2003013045, KY: 63818

    Cincinnati

Auto Service - Gas-Conv

Absolute NNN Valvoline Instant Oil Change

Listing Price: $817,000

Cap Rate
5.25%
Tenant Name
Valvoline Instant Oil Change
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
1,200
Lease Type
Absolute Net
Rent Per Square Feet
$35.73

Investment Highlights

  • Absolute Triple-Net Valvoline Instant Oil Change | No Landlord Responsibility | Cincinnati, Ohio
  • Newly Executed Ten-Year Extension | Rent Increase During Term and Each of the Three Five-Year Options
  • Corporate Guarantee | Over Thirty Years of Historical Occupancy
  • Positioned Close to Ronald Reagan Highway that Connects East and West Cincinnati | Over 51,000 Vehicles per Day | Located Near North College Hill High School, the Local Community Center and City Hall
  • Close Proximity to Other Retailers Including Roses, Dollar General, McDonald's, Walgreens, Fresenius, etc. | Average Household Income Exceeds $72,000 within Five-Miles
  • More than 213,000 Residents and Over 182,000 Employees within Five-Miles | Less than 10 Miles from Downtown Cincinnati, Ohio

Investment Overview

Marcus & Millichap is pleased to bring to market this absolute triple-net Valvoline Instant Oil Change with a new 10-year extension and 30 years of occupancy in Cincinnati, Ohio.

Exclusively Listed By

  • Joel Dumes

    Senior Managing Director Investments

    (513) 878-7720

    Email Joel

    License(s): OH: SAL.2003013045, KY: 63818

    Cincinnati

MM Texture Background
MM Textured Background Lower