VALVOLINE 1951 E Main St Local commercial 108 m² À vendre Waukesha, WI 53186 2 080 880 € (19 226,10 €/m²) Taux de capitalisation 6,25 %

Long-Term Lease – 20-year original lease with 7.25 years remaining
Early Lease Extension – Tenant extended their lease early adding an additional 8-year of lease term
Absolute NNN Lease – Zero landlord responsibilities
Annual Rent Increases – 1.5% annual rent escalations, providing steady income growth
Extension Options – Four, 5 Year renewal options, all of which include 1.5% annual rent increases
Affluent Location – Waukesha, WI boasts an average household income of $127,663 annually
Growing Population – 5-mile population exceeds more than 123,551 residents and the population is expected to grow by 3.52% over the next 5-years
High Traffic Area – Strategically positioned at the intersection of Main Street and Moreland Blvd, which sees combined traffic counts of ± 55,000 vehicles daily
Strong Economic Area – Waukesha boasts a stable economy, strong employment rates, and an increasing population, making it a desirable investment market
Retail Corridor Presence – Close proximity to national retailers, restaurants, and service providers, enhancing customer traffic
National Brand Recognition – Valvoline is a well-known leader in the quick service oil change industry
Strong Franchisee – Ivy Lane Corporation is the second largest Valvoline Franchisee with 41 locations in Wisconsin, Iowa, and Illinois
Essential Business – Automotive maintenance services are considered an essential industry, providing resilience during economic downturns