Descrição

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Valvoline located at 26605 US-380 in Providence Village, Texas (the “Property” or “Asset”). The newly constructed Property is secured by a 15.0-year absolute NNN ground lease (14.7 years remaining) featuring 10.0% rental increases every five years and three, five-year renewal options.

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Atributos

Preço pedido

€ 1.956.000

Taxa de capitalização

5,25%

NOI

€ 103.000

Área de construção líquida

171 m²

Ano de construção

2026

Área de terreno bruta

0,31 ha

WALT

14.7 anos

Media

Destaques do investimento

New construction corporate Valvoline GL with corporate guaranty
Absolute NNN with zero landlord responsibilities
±14.7 years of term remaining with 10% rent escalations every 5 years
Sprouts Farmers Market grocery store outparcel; nearest other location is 9+ miles away
$140K average household income within 1 mile radius
287% population growth since 2010 within 3 mile radius
Frontage along US 380 with accessibility to 45,000 VPD
In proximity to University of North Texas and Texas Woman’s University (62,000+ students)
Valvoline: 18 consecutive years of system wide same store sales growth
#2 largest oil change chain in the world