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401 Kings Hwy
Shreveport, LA 71104 Caddo Heights/South Highlands

$1,712,934 USD

Auto Repair For Sale  •  1,505 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,505 SF
  • Lot Size 0.38 AC
  • Building Class C
  • Year Built 1999
  • Cap Rate 5.65 %
  • Tenancy Single
  • Zoning C-2
0 Transit Score
64 Walk Score

Highlights

Nationally Recognized Brand - Valvoline Instant Oil Change: Backed by Valvoline Inc. (NYSE: VVV), a leading provider of quick-lube automotive services
New 15-Year Absolute NNN Lease: The lease features a full 15-year term with no landlord responsibilities, offering investors true passive income
Built-In Rent Growth: The lease includes 10% rental increases every 5 years, providing steady NOI growth and a hedge against inflation
Prime Shreveport Location: Located at 401 Kings Hwy, this Valvoline site is situated in a high-visibility, high-traffic corridor
Thriving Commercial Area: The property is positioned in a dense retail environment surrounded by national brands including Walmart, Lowe's, Walgreens
Proximity to Key Demand Drivers: The location benefits from nearby traffic generators including LSU Health Shreveport & Centenary College of Louisiana
Cap Rate: 5.65 %

Major Tenants

Tenant SF Occupied Lease End Date
Valvoline Instant Oil Change 1,505 SF 3/31/2040

Amenities

  • Pylon Sign
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Shreveport Regional 18 min - 8.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Michael Gonzalez 512-368-7208 Sands Investment Group Austin, LLC
Michael Gonzalez 512-368-7208 Sands Investment Group Austin, LLC