NNN Leased Castrol Premium Lube Express

For Sale

1295 West 4th Street, Ontario, OH 44906

This Ontario property for sale is located at 1295 West 4th Street. The current listed sale price for NNN Leased Castrol Premium Lube Express is $880,000. NNN Leased Castrol Premium Lube Express is situated on a lot that is 0.24 acre in size.

Contacts

broker

Peter Colvin

SVN | Silveri Company

Property Details

  • Property Type Retail - Street Retail
  • Property Size 2,000 SF
  • Units 1
  • Lot Size 0.24 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Renovated 2024
  • Date Updated Nov 13, 2024
*The SVN Colvin Team and Easy Leasebacks present this freshly remodeled, Absolute Triple Net Leased Castrol Premium Lube Express Investment Property located in Mansfield (Ontario) Ohio. The new NNN lease is for 15 years with annual rent increases of 1.5% during the base term and both of the two 15-year renewal periods and starts December 15th. The complete building remodel conversion from Valvoline to Castrol Premium Lube Express is nearly complete. This location is expected to be a high revenue producing location per Castrol Oil's research. The Tenant, “Clean and Lube Inc.” has teamed with global brand favorite Castrol Oil Company to open over 100 Midwest Castrol Premium Lube Express locations in the next 3 years. 15 new locations will be opening this winter in Illinois and Ohio. This lease is a corporate lease, not a franchisee. This sharp-looking building is located in a busy commercial area near several auto dealerships and close to Kohl’s, CVS, Kroger and many other national retailers. There are over 60,000 people living within a five-mile radius. We will provide a recent clean environmental report and a recent ALTA Survey that will save you over $6,000 and make for an easy acquisition or 1031 exchange. This attractive investment is co-listed with Ohio Broker of Record, SVN-Ascension Commercial Realty.

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Location

  • City Ontario, OH
  • Neighborhood Sherman's Estate Historic District
  • Zip Code 44906

Points of Interest

  • Valero

    0.50 miles

  • Moto Mart

    0.52 miles

  • Kroger

    0.53 miles

  • Speedway

    0.57 miles

  • Marathon

    1.55 miles

  • Sam's Club

    1.75 miles

  • Meijer Gas

    2.09 miles

  • Esbenshade Landis Wetland Area

    9.38 miles

  • Long John Silver's

    0.52 miles

  • Domino's

    0.52 miles

  • Taco Bell

    0.54 miles

  • Burger King

    0.57 miles

  • Little Caesars

    0.57 miles

  • Goodfellows

    0.59 miles

  • Subway

    0.61 miles

  • Arby's

    0.62 miles

  • Mansfield Family Restaurant - Westside

    0.64 miles

  • Bob Evans

    0.65 miles

  • Kroger

    0.44 miles

  • Dollar General Market

    0.67 miles

  • Burlington

    1.29 miles

  • Springfield Square

    1.36 miles

  • Kohl's

    1.40 miles

  • Discount Drug Mart

    1.47 miles

  • JCPenney

    1.59 miles

  • Applewood Plaza

    1.62 miles

  • Town & Country Shopping Center

    1.64 miles

  • Richland Mall

    1.67 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Peter Colvin

SVN | Silveri Company