Valvoline | 15-Year Corporate Lease | Outparcel to Costco
Low Price Point | Located Within a Massive New Development
Marketing description
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
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
Investment highlights
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
Broker of Record: John Leonard – 1100 Abernathy Road NE, Building 500, Suite 600, Atlanta, GA 30328
Phone: (678) 808-2700 | License: 252904
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