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Leased Valvoline Property on Eagle
For Sale
Contact for pricing
Pending

1491 S Eagle Rd, Meridian, ID 83642

NNN leased Valvoline in Meridian, Idaho with strong demographics.

Property Size3,317 SF
Lot Size0.47 Acres
Days on Market165

Property Features for 1491 S Eagle Rd

General Information

Standard status Pending
Size 3,317 SF
Lot size 0.47 Acres
Property subtype Retail
Zoning C-G
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease

Building Details

Year Built 2019
Buildings 1
Stories 1
Tenancy Single
Listing Agency: TOK Commercial
Listed By: Holly Chetwood · License #ID SP39024
Source: Crexi
Added: Feb 27 Changed: Aug 8 Last Checked: Jul 28 at 6:16PM

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 TOK Commercial

Investment Insights

Based on property information with market context.

This property is a 3,317 square foot, 100% leased Valvoline Instant Oil Change location at 1491 S Eagle Rd in Meridian, Idaho. Constructed in 2019 on a 0.47-acre lot, the freestanding building is offered at $2,400,000. The property is leased to Valvoline Inc., a publicly traded automotive service operator with over 1,800 locations nationally. The absolute NNN lease structure provides passive ownership with no landlord responsibilities, scheduled rental increases, and multiple extension options. The property benefits from its location along the high-traffic Eagle Road corridor, which sees over 36,000 vehicles per day. The location offers strong retail visibility, solid surrounding demographics, and flexible C-G zoning, Meridian’s most accommodating commercial designation. The property represents a stabilized, credit-backed net lease investment in a growth-oriented market.

Key Highlights

  • 100% leased to Valvoline Inc. (NYSE: VVV), a publicly traded company with a strong operating history and over 1,800 locations.
  • Absolute NNN lease structure provides passive income with no landlord responsibilities.
  • Located on high‑traffic Eagle Road (36,000+ VPD) in Meridian, Idaho, with strong retail visibility.

Property Analytics

Current Use

Valvoline Instant Oil ... Auto Repair Shop

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Garden Center Building Supply Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,212
Businesses Nearby
151k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 66% Shops & Services 20% Hotels & Casinos 13% Beauty & Spa 1%
SONIC Drive In Dining
17,213 visits/mo 0.5 miles
Los Betos Dining
16,186 visits/mo 0.5 miles
Chevron Shops & Services
15,796 visits/mo 0.4 miles
Taco Bell Dining
15,440 visits/mo 0.1 miles
Jack in the Box Dining
14,600 visits/mo 0.4 miles

Demographics for 83642, ID

55,465
Population
22,700
Households
2.4
Avg Household Size
35
Median Age
44%
College-Educated
95%
High-School Grad
41.5 sq mi
ZIP Area
1,337
Density / Sq Mi
$96,361
Median Household Income
$45,824
Median Earnings
$1,629
Median Rent
$492,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - NNN leased Valvoline in Meridian, Idaho with strong demographics.
Where is this auto shop located?
The property is located at 1491 S Eagle Rd Meridian, ID.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 100% leased to Valvoline Inc. (NYSE: VVV), a publicly traded company with a strong operating history and over 1,800 locations.; Absolute NNN lease structure provides passive income with no landlord responsibilities.; Located on high‑traffic Eagle Road (36,000+ VPD) in Meridian, Idaho, with strong retail visibility.
(208) 947-0827 Call to check price and availability
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