Valvoline NNN Lease
3930 W State St, Boise, ID 83703
100% leased Valvoline property in Boise, Idaho for sale.
Type:Single-Tenant Retail
Property size:
3,317 SFLot size:
0.60 AcresPrice / SF:
$701/SF- Added:
- Mar 6, 2026
- Days on Market:
- 76
- Last Refresh:
- Apr 6 at 1:09 am
Property Features for 3930 W State St
General Information
- Standard status
- Active
- Size
- 3,317 SF
- Lot size
- 0.60 Acres
- Property subtype
- Single-Tenant Retail
Listing agent Mike Greene, SIOR, CCIM License #SP39024 (208) 947-0835
Listing office TOK Commercial - Boise (208) 947-0835
Listing date Mar 6, 2026
Source Tokcommercial
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 - Boise
HighLights
- 100% Leased to Valvoline, LLC with Long‑Term Absolute NNN Lease providing stable, passive income.
- Strong National Credit Tenant: Backed by Valvoline Inc. (NYSE: VVV).
- Attractive 5.50% Cap Rate for a stabilized, long‑term NNN investment.
- High‑Exposure State Street Location with high traffic volume (33,628 VPD).
- High‑Quality Asset: Modern 3,317 SF freestanding retail building (completed in 2019).
- Located in a desirable and growing market: Boise MSA.
Overview
This property features a 3,317-square-foot freestanding retail building on 0.6 acres, completed in 2019. Zoned MX-3 (Mixed-Use 3), it is located along W State Street with a traffic count of 33,628 vehicles per day. The property is 100% leased to Valvoline, LLC, operating under Valvoline Inc. (NYSE: VVV), a publicly traded automotive service platform with more than 1,800 locations nationwide. The long-term absolute NNN lease structure provides passive ownership with no landlord responsibilities and features scheduled rental increases and multiple extension options. The location is approximately 2.2 miles from Downtown Boise, supported by dense surrounding neighborhoods including the North End and Garden City. The property is located in the Boise MSA, home to approximately 845,000 residents.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Valvoline Instant Oil ...
Auto Repair Shop
Einstein's Oilery: State ...
Auto Repair Shop
Similar Places Nearby
- Wizard Auto Specialties — 311 E 41st St, Boise, ID 83714
- Custom Tire — 4325 W Chinden Blvd, Garden City, ID 83714
- Garden City Classics — 4345 W Chinden Blvd Suite A, Boise, ID 83714
- Gem State Dent Repair, L.L.C. — 110 E 43rd St #120, Garden City, ID 83714
- Rod's Automotive Repair — 4345 W Chinden Blvd, Boise, ID 83714
Location Insight
- Map
- Local Demand
- City
- Boise
- County
- Ada
- State
- Idaho
- Longitude
- -116.238
- Latitude
- 43.6423
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - 100% leased Valvoline property in Boise, Idaho for sale.
Where is this auto shop located?
The property is located at 3930 W State St Boise, ID.
What is the asking price?
The asking price for this property is $2,325,600.
What are key features of this property?
This property features: 100% Leased to Valvoline, LLC with Long‑Term Absolute NNN Lease providing stable, passive income.; Strong National Credit Tenant: Backed by Valvoline Inc. (NYSE: VVV).; Attractive 5.50% Cap Rate for a stabilized, long‑term NNN investment.
