401 Kings Hwy Shreveport, LA 71104

This exceptional investment opportunity presents a fee-simple ownership of a 1,870 square foot Valvoline Instant Oil Change located at 401 Kings Hwy, Shreveport, LA 71104. The property, built in 1999 and situated on a 0.389-acre lot, is zoned C-2. The single-story building features 1,505 square feet of net rentable space and boasts a 100% occupancy rate under an absolute NNN lease with a nationally recognized franchisee. The current lease, commenced January 31, 2017, has a remaining term of five years with four additional five-year renewal options. Rent increases annually at 1.5% throughout the primary term and renewal options. The property generates a substantial net operating income (NOI) of $73,092, yielding a compelling 6.60% cap rate and a price per square foot of $735.85. This is a low-maintenance, passive income investment with a strong tenant and significant upside potential. The property's financial performance is supported by a corporate lease with Valvoline, Inc., providing stability and security for the investor. This is a rare opportunity to acquire a high-performing, well-located retail property in a desirable market. The property's strong financials, coupled with the long-term lease and built-in rent increases, make this an attractive investment for those seeking a stable and profitable addition to their portfolio.