Valvoline (Sale Leaseback)

17603 Kuykendahl Road - Spring Texas 77379

LTV (Loan to Value)	65.00%	Current NOI	$0.00
Interest Rate	4.250%	Capital Rate	8.000%
Fixed Term	10 Years	Land Area
Amortization	25 Years	Lease Type	NNN
Loan Amount	$812,500.00	Property Type	Retail
Payment	$4,401.62	Property Lease	Automotive
Bulding Size	0 SF	Remaining Terms

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a sale leaseback Valvoline property located in Spring, Texas (Houston market).

Highlights

Absolute NNN Structures – 100% NNN lease with no Landlord responsibility whatsoever Annual Rent Increases – 2% rent increases scheduled…

Property Description

Spring is located within the extraterritorial jurisdiction of Houston in Harris County, Texas. It is part of the Houston–The Woodlands–Sugar Land metropolitan area. The population was 54,298 at the 2010 census. While the name “Spring” is applied to a large area of northern Harris County and a smaller area of southern Montgomery County, the original town of Spring, now known as Old Town Spring, is located at the intersection of Spring-Cypress and Hardy roads and encompasses a relatively small area. Spring is located approximately 24 miles north of Houston.