Recently Constructed Auto Service
10670 Fremont Pike Perrysburg, OH 43551
10670 Fremont Pike, Perrysburg, OH, 43551
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For Sale
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A 2,087 SF Valvoline Instant Oil Change property built in 2023, leased on a 15-year NNN ground lease.
Property Size2,087 SF
Lot Size0.44 Acres
Price / SF$761.86
Days on Market175
Property Features for 10670 Fremont Pike
General Information
- Standard status
- Active
- Size
- 2,087 SF
- Lot size
- 0.44 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agency
CBRE - Philadelphia Suburban
(484) 567-2340
Listed by
Matthew Gorman · License #PA RS287470
Source
Crexi
Added: Jan 28 Updated: Jul 22 at 4:54AM Checked: Jul 22 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
CBRE is pleased to exclusively present this recently constructed 2,087 SF Valvoline Instant Oil Change property developed in 2023. The building features high-quality all-brick French Quarter–style construction and operates under an NNN ground lease structure. Under the ground lease, the tenant is responsible for maintaining the roof and structure of the building.
The property sits on a ±10.44-acre outparcel to French Quarter Square, a 40,000+ SF multi-building redevelopment that includes casual dining, gym/fitness, medical office, gas/convenience, and bank uses. The site has excellent visibility along Fremont Pike with over 36,000 vehicles passing per day and is located just a few hundred feet from the I-75 interchange (72,000+ VPD), supporting convenient customer access.
Valvoline operates on a brand new 15-year NNN ground lease with 12+ years of primary term remaining. Rent increases by 10% every five years throughout the initial term and in each of the four five-year option periods. The lease is corporately guaranteed by Valvoline LLC, which is described as the second-largest oil change service provider in the United States.
The property sits on a ±10.44-acre outparcel to French Quarter Square, a 40,000+ SF multi-building redevelopment that includes casual dining, gym/fitness, medical office, gas/convenience, and bank uses. The site has excellent visibility along Fremont Pike with over 36,000 vehicles passing per day and is located just a few hundred feet from the I-75 interchange (72,000+ VPD), supporting convenient customer access.
Valvoline operates on a brand new 15-year NNN ground lease with 12+ years of primary term remaining. Rent increases by 10% every five years throughout the initial term and in each of the four five-year option periods. The lease is corporately guaranteed by Valvoline LLC, which is described as the second-largest oil change service provider in the United States.
Key Highlights
- Recently built 2,087 SF Valvoline Instant Oil Change property completed in 2023
- Located on a 0.44‑acre outparcel to French Quarter Square
- Tenant operates under a new 15‑year NNN ground lease with 12+ years of primary term remaining
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Valvoline Instant Oil Change — 10662 Fremont Pike, Perrysburg, OH 43551
- Tuffy Tire & Auto Service Center — 27140 Oakmead Dr, Perrysburg, OH 43551
- Camping World RV Sales — 28000 Sportsman's Dr, Rossford, OH 43460
FAQs
What type of property is this?
Auto shop - A 2,087 SF Valvoline Instant Oil Change property built in 2023, leased on a 15-year NNN ground lease.
Where is this auto shop located?
The property is located at 10670 Fremont Pike Perrysburg, OH.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Recently built 2,087 SF Valvoline Instant Oil Change property completed in 2023; Located on a 0.44‑acre outparcel to French Quarter Square; Tenant operates under a new 15‑year NNN ground lease with 12+ years of primary term remaining
