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Oil Changers | 1896 Porter Rockwell Blvd
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Oil Changers 1896 Porter Rockwell Blvd
3,320 SF 4-Star Retail Building Bluffdale, UT 84065 £2,287,260 (£689/SF) 6.30% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Brand-new 15-year lease with 10% rental increases every 5 years
- Absolute NNN structure making this a truly “hands-off” investment
- Largest independent oil change operator in the U.S. with 180+ locations
- Lease features a corporate guaranty from Oil Changer Inc.
- Subject property part of a new three-tenant retail development
- Affluent residential demographics – average household incomes of $138,507 within a 3-mile radius of the subject property
EXECUTIVE SUMMARY
A 15-year absolute NNN Oil Changers featuring 10% rental increases every 5 years and a corporate guaranty from tenant’s parent company. The subject property is part of a three-tenant retail development that also includes 7-Eleven and Quick Quack Car Wash.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Building Size
3,320 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Under Construction
Price
£2,287,260
Price Per SF
£689
Net Initial Yield
6.30%
NOI
£144,090
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
0.59 AC
Zoning
GC-1 - General Commercial Zone
Frontage
467 ft on Porter Rockwell Boulevard
PROPERTY TAXES
Parcel Number | 33-22-176-002-0000 | Improvements Assessment | £0 |
Land Assessment | £24,616,750 | Total Assessment | £24,616,750 |
PROPERTY TAXES
Parcel Number
33-22-176-002-0000
Land Assessment
£24,616,750
Improvements Assessment
£0
Total Assessment
£24,616,750
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Oil Changers | 1896 Porter Rockwell Blvd
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