Listed by SURMOUNT
$1,560,000
Valvoline
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 2,106
Cap Rate 5.25%
NOI $81,900
Tenancy Single
Lease Type NNN
Lease Expiration 04/30/2041
Year Built 1997
Acreage 0.650
Lease Commencement 01/25/2025
Ground Lease No
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for a Valvoline located at 710 West College Street, Pulaski, TN 38478. The site consists of roughly 2,106 rentable square feet of building space on an estimated 0.65-acre parcel of land. Valvoline is subject to a 15-year Triple Net (NNN) lease, which commenced 1/25/2026. The current annual rent is $81,900 and has scheduled increases of 10% in May 2036 and in Options.
Investment highlights
- Exceptional Retail Corridor | The subject property benefits from its premier location along W College St, which is packed with an array of national brands, including CVS, Walgreens, McDonald’s, Burger King, Truist Bank, and Little Caesar’s, increasing foot traffic in the area significantly. Additionally, the property is located right behind the college campus of University of Tennessee Southern, which has an enrollment exceeding 1,100 students.
- Strong Industry Growth | The U.S. oil change service market size is valued at approximately $12 billion and is expected to grow at a CAGR of 5.5% from 2024 to 2030. This growth is driven by an ever-increasing number of cars on the road, a rising demand for oil change services to enhance vehicle performance, and government mandates for timely repair and maintenance of vehicles.
- Recession-Resistance Service | Quick oil change businesses provide essential, routine vehicle maintenance that consumers prioritize regardless of economic conditions. This makes them highly resilient during downturns, ensuring steady demand and stable cash flow for investors.
- Growing Vehicle Base & Longer Ownership | The average age of vehicles on the U.S. roads has reached an all-time high of over 12.5 years, as consumers hold their cars longer due to rising vehicle prices and financing costs. This trend, combined with increasing used-car ownership, is fueling sustained demand for routine maintenance services like oil changes, making Valvoline businesses well-positioned for long-term stability and growth.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,900.00
$6,825.00/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
Map
Zoning
C3 CommercialGeneral CommercialGeneral Commercial
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View all 36 uses Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics
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