This exceptional investment opportunity presents a 2,400 square foot Valvoline auto shop located at 825 US Highway 80 East in Abilene, Texas. The property boasts a strong, corporate-guaranteed Absolute NNN lease with Valvoline, a leading oil change service provider, offering significant financial security. The lease commenced April 1, 2020, and has a remaining term of 3.9 years, with five 5-year renewal options, each including a 10% rent increase. The property's current NOI is $31,944, resulting in a 6.00% cap rate. The asking price is $532,400, translating to $221.83 per square foot. Built in 1983, this single-tenant retail property sits on a 0.87-acre lot and enjoys 100% occupancy. The strategic location on Highway 80, a major thoroughfare with an average daily traffic count of 14,000 vehicles, ensures high visibility and accessibility. Abilene's robust economy, further bolstered by three universities with a combined enrollment exceeding 9,100 students, provides a stable and growing market. The property benefits from the tax advantages of being located in Texas, a state with no income tax. Nearby national retailers include Whataburger, McDonald's, Sonic, and many others, indicating a thriving commercial environment. This is a rare opportunity to acquire a secure, high-performing investment with a blue-chip tenant and significant long-term potential.
Highlights
3.9 years remaining on an absolute net lease with five, five-year options.
Corporately guaranteed by Valvoline LLC, the second-largest oil change provider in the US.
High-traffic location on Hwy-80, averaging 14,000 vehicles per day (VPD).
Located in Abilene, TX, near three universities with over 9,100 students.
Valvoline is a top-performing franchise brand expanding its retail presence.
Valvoline boasts strong financials, with $1.444 billion in 2023 revenue and a $5.643 billion market cap (July 2024).
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Contacts
Will Schuhmacher
Jordan Mulloy
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825 Us Highway 80, Abilene, Texas, 79601
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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825 Us Highway 80
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