Oil Changers | Salt Lake City MSA
New 15-Year Abs NNN Lease | Strong SLC Market
Marketing description
New 15-year absolute NNN lease to Oil Changers, a leading national oil change brand with 200+ locations across North America.
10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
Corporate-backed lease by Oil Changer Holding Corporation provides investor confidence in a proven automotive service brand.
In February 2025, Valvoline Inc. (NYSE: VVV) announced its $625 million acquisition of Breeze Autocare, parent of Oil Changers, adding nearly 200 stores across 17 states and expanding Valvoline’s North American footprint to over 2,200 locations.
Recently renovated 2,483 SF facility built in 2025, tailored to Oil Changers’ operational needs for quick oil change services.
Investment highlights
- Prime Retail Location: High-visibility and easily accessible location near the signalized intersection of West Club House Drive and Ashton Boulevard (combined 25,000+ AADT).
- Reliable Tenancy: Corporate-backed lease by Oil Changer Holding Corporation provides investor confidence in a proven automotive service brand.
- Strong Demographic Base: The five-mile radius serves a populous region of 166,706, with an average annual household income of $170,247.
- Prime Lehi Location: Excellent proximity to Mountainland Technical College – Lehi (3,758 students) and one mile from Lehi’s largest employer, Adobe (aprx. 2,200 employees).
- Zero Management Responsibilities: Absolute NNN lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot.
- Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Oil Changers and Lehi for steady concurrent growth.
- New 15-year absolute NNN lease to Oil Changers, a leading national oil change brand with 200+ locations across North America.
- 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- Corporate-backed lease by Oil Changer Holding Corporation provides investor confidence in a proven automotive service brand.
- In February 2025, Valvoline Inc. (NYSE: VVV) announced its $625 million acquisition of Breeze Autocare, parent of Oil Changers, adding nearly 200 stores across 17 states and expanding Valvoline’s North American footprint to over 2,200 locations.
- Recently renovated 2,483 SF facility built in 2025, tailored to Oil Changers’ operational needs for quick oil change services.
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