Valvoline Instant Oil Change Cedar Hills, UT

10012 North 4800 West
Cedar Hills, UT

Price: $2,780,000
Cap Rate: 5.75%
NOI: $159,686
Building Size: Approx. 2,945 Sq. Ft.
Lot Size: Approx. 0.34 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2023

Investment Overview

  • 2023 Construction. 2,945+/- SF Building on 0.34+/- Acre Site
  • 17+ Years Remaining on a 20-Year Absolute NNN Lease with 2% Annual Rental Increases, & (3) 5-Year Options to Renew
  • Nearby Many Large Economic Drivers – Lone Peak High School (2,600+ Students), Walmart (1.5MM Visitors/Yr; 200K SF), & Many More
  • Located in Heart of Utah’s Tech Corridor – Near Adobe (2k+ Employees), Oracle (3k+ Employees), Qualtrics (1.5k+ employees), & More
  • High Density, Affluent Trade Area – Med. HH Incomes w/in 1 Mile: $152,055, 3 Miles: $143,984, 5 Miles: $125,286
  • Valvoline is a Well-Established and Globally Recognized Brand – 2,010+ Locations, 27M+ Services/Yr., & Ranked #1 Automotive Services Retailer
  • Cedar Hills | Fast-Growing, Affluent Submarket in Provo–Orem MSA | Population: 9,945+

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