Listed by Matthews
$1,900,000
Valvoline - Ooltewah, TN
Details
APN 172 050.05
Property Type Retail
Sub Type Auto Shop, Oil change
Square Footage 2,000
Cap Rate 5.00%
NOI $95,000
Occupancy 100%
Tenancy Single
Brand/Tenant Valvoline
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/31/2040
Remaining Term 14
Rent Bumps Yes
Lease Options Four (4), 5-Years
Year Built 2025
Acreage 1.200
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/2025
Ground Lease No
2025 Construction | Corporate | 1.20 AC | Grocery Outparcel | Chattanooga MSA
Investment highlights
- Brand-New Construction on +1.20 AC Parcel -- completed in April 2025, the asset sits on a valuable oversized lot in a high-demand corridor with strong underlying land value & long-term redevelopment potential.
- Publix-Anchored Grocery Outparcel with Dense Retail Adjacencies -- located directly across from the new Shops at Enclave (Publix, Starbucks, Jimmy John's, Heartland Dental, etc.), & near McDonald's, ModWash, & Circle K, with continued retail development in the immediate area.
- Absolute NNN Ground Lease with +14 Years Remaining -- long-term lease with zero Landlord responsibilities, featuring 10% rental escalations every five (5) years & during each of the four (4) renewal options.
- Corporate Guarantee from Valvoline, LLC (Rated "BB") -- lease backed by a nationally recognized automotive brand with a global footprint & strong market presence.
- Attractive Below-Market Rent Offering Future Upside -- current rent is below market averages in this corridor, providing investors with long-term potential for increased yield.
- Proximity to High-Enrollment Schools -- surrounded by multiple schools totaling over +4,000 students, driving consistent daily traffic & supporting retail vitality in the trade area.
- Affluent, High-Growth Chattanooga MSA Location -- positioned in Hamilton County, TN with an average household income (AHHI) of $133,635 within a 5-Mile radius & strong population growth driven by domestic migration & relocations to tax-free states.
Listing Contacts
Listed by Matthews
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
$95,000.00
$7,916.67/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Name
License
Brokerage Phone
Is there information that looks off?
