Valvoline
New Construction Valvoline | Walmart-Anchored Corridor with 80K+ VPD
Marketing description
15-Year Absolute NNN Ground Lease With 10% Rental Increases Every 5 Years
Prime Retail Corridor Location With 35,000+ VPD
Walmart-Anchored Power Center With Target, Sam’s Club & Lowe’s
Regional Trade Hub Serving 180,000+ Residents Across 14 Counties
Necessity-Based Automotive Service Tenant With 2,300+ Locations
Investment highlights
Projected Rent Commencement April 2026
Brand New 15-Year Absolute NNN Lease with 10% Rental Increases Every 5 Years and (4) 5-Year Options
High-Traffic Retail Corridor with 35,000+ VPD The subject property is positioned along the South Old Highway 81 corridor where traffic reaches approximately 35,000 vehicles per day, with additional exposure from South 9th Street (18,000 VPD) and nearby Interstate 135 (27,000 VPD). This heavily traveled retail corridor benefits from commuter, regional, and retail traffic generated by Salina’s primary commercial district.
Walmart-Anchored Regional Retail Corridor The property is located within Salina’s dominant retail power center anchored by Walmart Supercenter and supported by national retailers including Sam’s Club, Target, and Lowe’s Home Improvement. These regional anchors draw shoppers from across a multi-county trade area, reinforcing consistent consumer traffic and daily service demand along the South 9th Street corridor.
Regional Trade Area and Workforce Demand Drivers Salina serves as the commercial hub for a 14-county trade area drawing more than 180,000 residents to the city for employment, healthcare, retail, and services. Major employers including Salina Regional Health Center (1,875 employees) and Schwan’s Company (1,700 employees) contribute to consistent daytime population and consumer spending throughout the corridor.
Salina Serves as the Economic Hub of North-Central Kansas The city supports a population of approximately 59,000 residents and functions as the commercial and employment center for a broader 14-county trade area. Strategic connectivity at the intersection of Interstate 70 and Interstate 135 supports strong regional accessibility and continued demand from manufacturing, healthcare, logistics, and distribution employers.
Valvoline Instant Oil Change is a Leading Quick-Lube Brand - Under publicly traded Valvoline Inc. (NYSE: VVV), they operate and franchise ~2,400 service centers nationwide with $1.0–1.1B in trailing revenue and 11,400 employees, anchored by strong same-store growth and recent acquisitions like Breeze Autocare
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