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

$1,683,148 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 5.75 %
  • Tenancy Single
  • Zoning C-2
30 Transit Score
70 Walk Score

Highlights

Backed by Valvoline Inc. (NYSE: VVV), a leading provider of quick-lube automotive services with over 1,800 locations nationwide.
The lease features a full 15-year term with no landlord responsibilities, offering investors true passive income and long-term security.
The lease includes 10% rental increases every 5 years, providing steady NOI growth and a hedge against inflation throughout the primary term.
Located at 401 Kings Hwy, this Valvoline site is situated in a high-visibility, high-traffic corridor with over 30,000 vehicles per day.
The property is positioned in a dense retail environment surrounded by national brands, including Walmart, Lowe’s, Walgreens, CVS, Whataburger.
The location benefits from nearby traffic generators, including LSU Health Shreveport, Centenary College of Louisiana, and Ochsner LSU Health.
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Valvoline 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
Dave Wirgler 213-417-9370 Sands Investment Group Austin, LLC
Dave Wirgler 213-417-9370 Sands Investment Group Austin, LLC