Valvoline
Retail | 5.25% CAP | 2,344 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Valvoline located at 808 Coshocton Avenue, Mount Vernon, OH 43050. The subject property is secured by a 15-year triple net (NNN) lease that began June 8, 2025, with four five–year extension options, offering a passive ownership structure with all expenses paid by the tenant. The lease features 10% rent increases ever five years, providing predictable income growth and inflation protection, and is backed by Valvoline Oil Change, one of North America’s largest quick-lube operators with over 2,000 locations. Positioned along Coshocton Avenue with approximately 20,000 vehicles per day, the property benefits from excellent visibility, proximity to Knox Community Hospital, and surrounding national retailers including Kroger, CVS, Lowe’s, and Chipotle. Strong demographics, with more than 50,500 residents within a ten-mile radius, support longterm consumer demand and site stability.
Investment highlights
15-Year NNN Lease | The property features a 15-year triple-net (NNN) lease beginning June 8, 2025, with four 5-year extension options, providing a truly passive ownership structure with all expenses paid by the tenant.
2,000+ Location National Operator | Valvoline Instant Oil Change is the second largest quick-lube operators in North America, with over 2,000 service centers across the U.S. and Canada, consisting of both company-operated and franchised locations.
Attractive 10% Rental Increases | The lease includes 10% rent increases every five years during the 15-year base term and extension options. This predictable escalation structure supports long-term income growth and provides a hedge against inflation.
Robust Traffic Counts | The subject property benefits from approximately 20,000 vehicles per day in traffic exposure.
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