Last updated on April 9th, 2024
Holiday Stationstores/Valvoline Oil Change
$7,500,000
18298 Zane Street NW, Elk River, Minnesota 55330
Building Size | 7,882 Square Feet |
Land Size | 1.77 Acres |
Zoning | PUD |
Parking | 15 |
Year Built | 1984 |
Newly Renovated Holiday Stationstores & Valvoline Oil Change Property. New 15-Year Absolute Net leases with 10% Increases in the NOI Every Five Years.
Property Highlights:
- $50,000 Minimum Investment (Suitable for 1031 Exchange)
- 15-Year Absolute NNN Leases
- 10.00% Rent Increases Every Five (5) Years for the Valvoline Instant Oil Change
- 2.00% Rent Increases Every Five (5) Years for the Holiday Stationstore
- DST Structure-Perfect for Multiple 1031 Exchange Investors
- Renovation and Brand Change Underway
- Excellent Ingress & Egress
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.