This is a Valvoline ground lease purchased as part of a 1031 transaction.
The Tacoma Canyon Road Valvoline is a commercial property at 17512 Canyon Rd E in Tacoma, Washington. Spanning an area of 1.55 acres, this property serves as a valuable investment within the commercial real estate market. Its convenient location provides excellent visibility and accessibility for customers. As a finished and held investment, the Tacoma Canyon Road Valvoline property has been completed and operates under a Valvoline ground lease. The acquisition of the Tacoma Canyon Road Valvoline property was part of a 1031 transaction.