Valvoline NNN Property For Sale — Boise, ID
3930 W State St, Boise, ID 83703
This Valvoline Instant Oil Change property is strategically positioned along W State Street, a primary arterial corridor in Boise, benefiting from strong visibility and excellent access. Located just 2.2 miles from Downtown Boise, the site is supported by dense surrounding neighborhoods with strong household incomes and population growth. The asset is a 100% leased, absolute NNN Valvoline property, part of a publicly traded automotive service platform with over 1,800 locations nationwide. The long-term absolute NNN lease structure offers passive ownership with no landlord responsibilities, scheduled rental increases, and multiple extension options, ensuring durable income growth and long-term stability.
- Address: 3930 W State St, Boise, ID 83703
- Asking price $2.33M
- 5.50% cap rate
- NOI $127,908
- 10 years remaining
- NNN lease
- Year built: 2019
- Building size: 3,317 SF
- Lot size: 0.60 acres
- Rent increases: scheduled rental increases
- Guarantor: Corporate
Location
This Valvoline property is at 3930 W State St in Boise, Idaho.
Asset type: Retail - Street Retail