Skip to main content

Auto Service - Gas-Conv

Valvoline | Corporate-Guaranteed Lease

1045 Chen Pkwy, McDonough, GA 30253

Listing Price: $2,105,000

Cap Rate
4.75%
Tenant Name
Valvoline
Years Remaining On Lease
13.7
Guarantor
Corporate Guarantee
Rentable SF
2,300
Lease Type
NNN Ground Lease
Rent Per Square Feet
$43.48

Investment Overview

--Prime Retail Location--

-Located Near Interstate 75 with Traffic Counts Exceeding 167,000 Cars Per Day | I-75 is a Major Highway that Connects Miami to Detroit

-Multiple Residential Developments Next Door Including The Levi Luxury Apartments which Consist of 660 Apartments/Townhomes and 66 Single Family Houses

-Across from the #1 Visited Sprouts in the State of Georgia According to Placer.ai (Please Contact Agent for More Details)

-The Subject Property is Part of a Brand-New Master Planned Development with a Number of Premium Retailers Including Whataburger, Chick-fil-A, Starbucks, Bank of the Ozarks, First Watch, Bubba’s 33, Costco, Chipotle, Hacienda Bar & Grill, Lush Nail Bar, and Many More

--High Credit Tenant--

-Strong Corporate Guarantee: Absolute NNN Ground Lease Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market

-Valvoline has Over 2,010 Locations in Operation | Corporate Guaranty from Investment Grade Tenant with Over $3.1 Billion in Revenue

-Publicly Traded: The Tenant Is Listed (NYSE: VVV) with a Market Capitalization of $4.48 Billion

-Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation

-E-Commerce & Recession-Resilient: Valvoline Is Well-Suited to Thrive in Various Economic Conditions

--Pride of Ownership Property in McDonough, GA--

-Dense, Infill Location with Over 102,000 Residents Within 5 Miles | Affluent Area with the Average Household Income Exceeding $94,000 Within 5 Miles

-The Surrounding Area Benefits From a Very Low Unemployment Level of 2.62%

-Access to Major Interstate Corridor with Easy Access to Downtown Atlanta Makes the Local Market an Industrial & Distribution Hub with ±8.8M Square Feet of Industrial Properties

Investment Highlights

  • Brand New 15-Year Corporate Guaranteed Valvoline
  • Outparcel to New Costco-Anchored Shopping Center
  • Located on the Corner of a Signalized Intersection Across from a Brand New Sprouts-Anchored Center

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Auto Service - Gas-Conv

Valvoline | Corporate-Guaranteed Lease

Listing Price: $2,105,000

Cap Rate
4.75%
Tenant Name
Valvoline
Years Remaining On Lease
13.7
Guarantor
Corporate Guarantee
Rentable SF
2,300
Lease Type
NNN Ground Lease
Rent Per Square Feet
$43.48

Investment Highlights

  • Brand New 15-Year Corporate Guaranteed Valvoline
  • Outparcel to New Costco-Anchored Shopping Center
  • Located on the Corner of a Signalized Intersection Across from a Brand New Sprouts-Anchored Center

Investment Overview

--Prime Retail Location-- -Located Near Interstate 75 with Traffic Counts Exceeding 167,000 Cars Per Day | I-75 is a Major Highway that Connects Miami to Detroit -Multiple Residential Developments Next Door Including The Levi Luxury Apartments which Consist of 660 Apartments/Townhomes and 66 Single Family Houses -Across from the #1 Visited Sprouts in the State of Georgia According to Placer.ai (Please Contact Agent for More Details) -The Subject Property is Part of a Brand-New Master Planned Development with a Number of Premium Retailers Including Whataburger, Chick-fil-A, Starbucks, Bank of the Ozarks, First Watch, Bubba’s 33, Costco, Chipotle, Hacienda Bar & Grill, Lush Nail Bar, and Many More --High Credit Tenant-- -Strong Corporate Guarantee: Absolute NNN Ground Lease Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market -Valvoline has Over 2,010 Locations in Operation | Corporate Guaranty from Investment Grade Tenant with Over $3.1 Billion in Revenue -Publicly Traded: The Tenant Is Listed (NYSE: VVV) with a Market Capitalization of $4.48 Billion -Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation -E-Commerce & Recession-Resilient: Valvoline Is Well-Suited to Thrive in Various Economic Conditions --Pride of Ownership Property in McDonough, GA-- -Dense, Infill Location with Over 102,000 Residents Within 5 Miles | Affluent Area with the Average Household Income Exceeding $94,000 Within 5 Miles -The Surrounding Area Benefits From a Very Low Unemployment Level of 2.62% -Access to Major Interstate Corridor with Easy Access to Downtown Atlanta Makes the Local Market an Industrial & Distribution Hub with ±8.8M Square Feet of Industrial Properties

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

MM Texture Background
MM Textured Background Lower