← Back to search
Photography available after free registration below
Virtual Drive-By

Valvoline Absolute NNN

401 Kings Highway · Shreveport, LA 71104 · Convenience / Fuel

Asking price
$1,683,148
Cap rate
5.75%
NOI
$96,781

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining13.7 yrs
Expiration03/2040
Rent bumps10% Every 5 Years
Options4 x 5 Year Options
Ground lease
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF1,505
Price / SF$1,118
Year built1999
Lot size0.38 ac
TypeConvenience Store, Auto Shop
Days on market445

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • Brand New 15-Year Absolute NNN Lease |
  • Nationally Recognized Brand - Valvoline Instant Oil Change: Backed by Valvoline Inc. (NYSE: VVV), a leading provider of quick-lube automotive services with over 1,800 locations nationwide, this property offers investors a reliable, creditworthy tenant with strong brand recognition and long-term stability.
  • New 15-Year Absolute NNN Lease: Valvoline recently extended the lease at this location to a new 15-year term with no landlord responsibilities, offering investors true passive income and long-term security.

Strategic Shreveport, LA Location | Dense Retail Corridor | High-Traffic Exposure

  • Prime Shreveport Location: Located at 401 Kings Hwy, this Valvoline site is situated in a high-visibility, high-traffic corridor with over 30,000 vehicles per day, ensuring strong exposure and consistent customer flow.
  • Thriving Commercial Area: The property is positioned in a dense retail environment surrounded by national brands including Walmart, Lowe's, Walgreens, CVS, Whataburger, AutoZone, and Chick-fil-A, creating strong retail synergy and driving foot traffic.
  • Proximity to Key Demand Drivers: The location benefits from nearby traffic generators including LSU Health Shreveport, Centenary College of Louisiana, and Ochsner LSU Health - Shreveport Medical Center, adding to the site's daily service demand.

Strong Demographics | Recession-Resistant Industry

  • Supportive Trade Area: Over 120,000 residents within a 5-mile radius, with average household incomes nearing $60,000. Shreveport remains one of Louisiana's key economic hubs with consistent demand for essential automotive services.
  • Essential, Recession-Resistant Business: Valvoline provides critical vehicle maintenance services that remain in high demand regardless of economic cycles, making this a stable, long-term investment in a needs-based industry.

Property overview

Sands Investment Group is pleased to exclusively offer for sale the 1,505 SF Valvoline located at 401 Kings Hwy in Shreveport, LA.​ This deal includes a new 15-year Absolute Triple Net (NNN) Lease featuring a full 15-year term with no landlord responsibilities, offering investors true passive income and long-term security.​

LEARN MORE HERE

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.

Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.