www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31396019
31396020

3903 Red Bank Rd, Cincinnati, OH 45227

SM
OH BRKP.2022006218
State Street Capital Realty / Casto
AB
OH OH SAL.2023000201
State Street Capital Realty / Casto
AK
OH SAL.2024004850
CASTO / State Street Capital Realty
Listed by State Street Capital Realty / Casto, CASTO / State Street Capital Realty
$1,745,500
78 days on market
Updated 78 days ago

Valvoline

Details
APN 038-0002-0430
Property Type Retail
Sub Type Auto Shop
Square Footage 1,334
Units 1
Cap Rate 5.5%
NOI $96,000
Occupancy 100%
Tenancy Single
Brand/Tenant Valvoline
Lease Type NNN
Lease Term 15
Rent Bumps Yes
Lease Options 4 five-year options
Price per SqFt $1,308
Broker Co-Op Yes
Year Built 2026
Buildings 1
Stories 1
Acreage 0.670
Investment Type Core+
Tenant Credit Credit Rated
Ground Lease Yes

Brand New 15-YR NNN Ground Lease I Prime Retail Corridor I 10% Rent Bumps

Investment highlights

BRAND NEW 15 YEAR NNN GROUND LEASE

This is a brand new 15-year NNN ground lease featuring 10% rent bumps every five years during the initial term and throughout each of the four five-year renewal options.

NORTH AMERICA'S PREMIER QUICK-LUBE OPERATOR

Backed by a corporate guarantee from Valvoline Inc. (NYSE: VVV), a leading provider of quick, convenient preventive maintenance services through a network of roughly 2,200 locations across the U.S. and Canada, this investment benefits from a stable, high-performing tenant. Valvoline completes over 30 million services annually and reported $1.71B in revenue for fiscal 2025, a 6% increase year-over-year.

Valvoline has transitioned in recent years to focus primarily on its high-growth retail services model, with over 11,000 employees driving network expansion and customer service excellence. Its retail-first business strategy has supported consistent growth and strong brand recognition, positioning it as one of the largest quick-lube automotive service providers in North America.

SCHEDULED RENTAL ESCALATIONS

The lease features robust, built-in income growth through contractual 10% rent increases every five years throughout the initial term and each of the four renewal options. These embedded escalations provide predictable cash flow expansion, enhance long-term yield stability, and serve as a natural hedge against inflation, driving sustained value appreciation over the life of the investment.

HIGH-TRAFFIC CORRIDOR IN A THRIVING EASTERN CINCINNATI MARKET

Located on the highly trafficked Red Bank Road, this corridor is a significant north–south arterial and commercial spine on Cincinnati’s east side, linking I-71 with U.S. Route 50 (Columbia Parkway) and providing important circulation between major residential neighborhoods and key regional roadways. Red Bank Road’s position between major highways and populated neighborhoods such as Hyde Park, Oakley, Mariemont, Madisonville, and Fairfax makes it a high-traffic, strategically valuable corridor for commercial real estate and retail uses.

ZERO LANDLORD OBLIGATIONS

Structured as a NNN ground lease, the property requires no landlord management responsibilities, creating a truly passive investment opportunity with stable, predictable income.

LIMITED DIRECT COMPETITION

As the sole quick-lube provider within a one-mile radius, Valvoline benefits from a strong competitive position, capturing consistent customer demand with no immediate nearby alternatives.

COMPELLING MARKET DEMOGRAPHICS

The property benefits from a dense and affluent trade area, with more than 221,000 residents and over 100,500 households within a five-mile radius. The average household income exceeds $148,879 within three miles, highlighting the area’s strong consumer spending power and economic stability.

Listing Contacts

SM
OH BRKP.2022006218
State Street Capital Realty / Casto
AB
OH OH SAL.2023000201
State Street Capital Realty / Casto
AK
OH SAL.2024004850
CASTO / State Street Capital Realty
Listed by State Street Capital Realty / Casto, CASTO / State Street Capital Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,000.00
$8,000.00/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

Map

Zoning

Intelligence Badge
PUD PlannedPlanned Unit Development
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 1 uses
View all 1 uses
Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Stephanie May-Beaumier
License
BRKP.2022006218
Name
Andy Bell
License
OH SAL.2023000201
Brokerage Phone
6147442074
Title
Real Estate Salesperson
Name
Alex Krikorian
License
SAL.2024004850
Brokerage
State Street Capital Realty
Brokerage Address
250 South Civic Center Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591