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33337448
33337449

2811 Raleigh Road Parkway West, Wilson, NC 27896

DH
NC NC 288268
Atlantic Capital Partners
ML
NC NC 231272
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
ES
MA MA 9577141
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$1,339,000
2 days on market
Updated 2 days ago

Valvoline | Wilson, NC

Details
Property Type Retail
Sub Type Storefront, Auto Shop
Net Rentable (SqFt) 2,182
Cap Rate 5.5%
NOI $73,650
Occupancy 100%
Tenancy Single
Brand/Tenant Take 5 Oil Change, Valvoline (+1)
Lease Type Absolute NNN
Lease Term 12
Lease Expiration 07/31/2037
Remaining Term 11.2
Rent Bumps Yes
Lease Options 3 x 5-year options
Class A
Year Built 2009
Acreage 0.490
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 08/01/2025
Ground Lease No

5.5% CAP | Landlord Can Depreciate

Investment highlights

STABLE LONG-TERM ABSOLUTE NNN LEASE

  • Absolute NNN lease — Zero Landlord Responsibilities
  • 12-Year base term with three renewal options (1 x 3 Years and 2 x 5 Years) extending total potential term to 25 years
  • 7.5% rental escalations every 5 years in both base term and option periods
  • Lease commenced August 2025

SECOND LARGEST VALVOLINE FRANCHISEE — STRONG CREDIT GUARANTY

  • Guaranteed by QAS Holdings, LLC — the second largest Valvoline franchisee in the United States with 200+ operating locations
  • Demonstrates significant operational scale and financial strength
  • Needs-based automotive service category provides recession-resilient cash flow

DENSE RETAIL CORRIDOR — OVER 1.6MSF OF RETAIL WITHIN 1 MILE

  • Site is strategically positioned within a dense retail corridor featuring over 1.6 million square feet of retail space within one mile of the subject property
  • Proven co-tenancy with national anchors driving consistent consumer traffic
  • Raleigh Road Pkwy West is one of Wilson's primary commercial thoroughfares

STRONG TRAFFIC VOLUME

  • 22,000 VPD of traffic along Forest Hills Road NW and 28,000 VPD on Raleigh Road Parkway ensure consistent customer visibility and accessibility
  • High-frequency traffic pattern well-suited to Valvoline's quick-service oil change model
  • Located 46 miles from Raleigh, NC — the region's primary MSA and employment hub with a major 1031 exchange buyer pool

NATIONAL AUTOMOTIVE MARKET STRENGTH

  • The U.S. vehicle fleet reached a record 14.1-year average age in 2024, driving 30–40% higher maintenance spend on older vehicles
  • Valvoline services 20M+ annual visits across 1,800+ locations
  • The broader automotive aftermarket surpassed $460B in 2024 and is projected to exceed $560B by 2028

WILSON, NC TRADE AREA DEMOGRAPHICS

  • Trade area population of 55,324 within 5 miles with average household income of $72,101
  • 3-mile population of 37,968 with AHHI of $72,840
  • Wilson is located 46 miles from Raleigh, NC, providing access to one of the fastest-growing metros in the Southeast

BONUS DEPRECIATION ELIGIBLE

  • Valvoline's personal property classification allows investors to accelerate tax deductions and maximize early returns

Listing Contacts

DH
NC NC 288268
Atlantic Capital Partners
ML
NC NC 231272
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
ES
MA MA 9577141
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,650.00
$6,137.50/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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Additional Information

Name
David Hoppe
License
NC 288268
Name
Mike Lucier
License
NC 231272
Name
Ben Olmstead
License
NC 315015
Brokerage
Atlantic Capital Partners
Brokerage Phone
7046515953
Title
Senior Associate
Brokerage Address
4350 Congress Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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