Valvoline Absolute NNN Auto
219 E Ireland Rd South Bend, IN 46614
219 E Ireland Rd, South Bend, IN, 46614
$2,000,000
For Sale
$2,000,000
Newer construction auto shop on an absolute NNN lease with Valvoline, positioned across from major national retailers.
Property Size1,674 SF
Price / SF$1,194
Days on Market20
Property Features for 219 E Ireland Rd
General Information
- Standard status
- Active
- Size
- 1,674 SF
- Property subtype
- Auto Service - Gas-Conv
Listing agency
Encino Office
(818) 212-2730
Listed by
Lior Regenstreif · License #License(s): CA: 01267761
(818) 212-2730
Source
Marcusmillichap
Added: Jul 3 Updated: Jul 21 at 8:11PM Checked: Jul 21 at 8:11PM
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 Encino Office
Investment Insights
Based on property information with market context.
This offering is a newer construction auto shop occupied by Valvoline on a passive net lease structure. The property is secured by an absolute NNN lease with about 10 years remaining, and the arrangement is presented as providing stable income with no landlord responsibilities.
The tenant is Valvoline, a nationally recognized and publicly traded company. Additional credit support is described as coming from an experienced multi-unit operator with a personal guaranty.
The site is located in South Bend within an active retail corridor directly across from major national retailers including Walmart, Menards, and Lowe’s. The area is also noted as being anchored by the University of Notre Dame, supporting year-round local demand from students, faculty, and visitors.
The tenant is Valvoline, a nationally recognized and publicly traded company. Additional credit support is described as coming from an experienced multi-unit operator with a personal guaranty.
The site is located in South Bend within an active retail corridor directly across from major national retailers including Walmart, Menards, and Lowe’s. The area is also noted as being anchored by the University of Notre Dame, supporting year-round local demand from students, faculty, and visitors.
Key Highlights
- Newer construction auto shop occupied by Valvoline on an absolute NNN lease
- About 10 years remaining on the long‑term absolute NNN lease
- Passive net lease structure with no landlord responsibilities stated
Property Analytics
Location Intelligence
Current Use by Public Records
Valvoline Instant Oil ...
Auto Repair Shop
James D. Husband, ...
Alternative Medicine Practice
Similar For Sale Nearby
Similar Off Market Nearby
- Gurley Leep Lincoln Service — 320 E Ireland Rd Suite #5, South Bend, IN 46614
- Walmart Auto Care Centers — 700 W Ireland Rd, South Bend, IN 46614
- Service Center at Gurley Leep Ford-Lincoln — 320 E Ireland Rd Suite #2, South Bend, IN 46614
- Collision Express — 324 E Ireland Rd, South Bend, IN 46614
- Service @ Gates Toyota — Erskine Commons, 640 W Ireland Rd, South Bend, IN 46614
FAQs
What type of property is this?
Auto shop - Newer construction auto shop on an absolute NNN lease with Valvoline, positioned across from major national retailers.
Where is this auto shop located?
The property is located at 219 E Ireland Rd South Bend, IN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Newer construction auto shop occupied by Valvoline on an absolute NNN lease; About 10 years remaining on the long‑term absolute NNN lease; Passive net lease structure with no landlord responsibilities stated
