Listed by Northmarq - Chicago
$1,607,143
Valvoline
Details
APN 210001033078
Property Type Retail
Sub Type Auto Shop
Square Footage 1,462
Cap Rate 5.6%
NOI $90,000
Occupancy 100%
Brand/Tenant Valvoline
Lease Expiration 09/30/2040
Remaining Term 14.2
Lease Options 4 x 5-year
Class A
Year Built 2025
Buildings 1
Acreage 0.990
Lease Commencement 09/30/2025
Occupancy Date 09/30/2025
Ground Lease Yes
Brand-New Valvoline (Corp) | Prime Retail Corridor | ~1 Acre Parcel w/ Multiple Points of Access
Marketing description
Northmarq is pleased to present the opportunity to acquire a brand-new 2025 Valvoline ground lease located at 500 W Trenton Avenue in Findlay, OH. The Property is secured by a 14-year ground lease with zero landlord responsibilities, 10% rental increases every five years, and four 5-year renewal options. The lease is corporately guaranteed by Valvoline Inc. (NYSE: VVV), one of the most recognizable names in automotive maintenance with $1.71 billion in FY 2025 net revenues and 2,200+ locations.
Investment highlights
- 14+ Year Ground Lease with Zero Landlord Responsibilities
- Corporate Guarantee from Valvoline Inc. (NYSE: VVV)
- Brand-New 2025 Construction Purpose-Built for Valvoline
- 10% Rental Increases Every 5 Years
- Prime Findlay Retail Corridor Near Walmart, Kroger, Starbucks, Texas Roadhouse, and McDonald’s
- High-Visibility Frontage on W Trenton Avenue with ±14,316 VPD
- Immediate Access to I-75 with ±52,000 VPD
- Strong 5-Mile Trade Area with 52k+ Residents and $92k+ Avg. HH Income
Listing Contacts
Listed by Northmarq - Chicago
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,000.00
$7,500.00/mo
Valuation Metrics
0
DSCR
5.6%
Cap Rate
5.6%
ROI
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