Skip to main content

Auto Service - Gas-Conv

Valvoline

13357 Beach Blvd, Jacksonville, FL 32246

Listing Price: $2,233,000

Cap Rate
5.15%
Tenant Name
Convenient Car Care, INC
Years Remaining On Lease
12.1
Guarantor
Franchisee Guarantee
Rentable SF
1,568
Lease Type
NNN Ground Lease
Rent Per Square Feet
$73.34

Investment Overview

Valvoline Instant Oil Change is the second largest oil change service provider in the United States and third largest quick-lube chain in Canada. The brand is popular for its drive-thru oil changes which is complete in 15 minutes. Each location features Valvoline oils and products and provides a variety of maintenance services including oil changes, antifreeze changes, smog checks, and other car repair services.

Investment Highlights

  • Lease Information: • Ground Lease: No Landlord Responsibilities • 7.5% Rental Increases every 5-years • Two 5-year options
  • New Construction • Built in 2019
  • Convenient Car Care, LLC • Growing operator with 22 locations • Headquartered in Clarksville, TN
  • Beach Blvd. • Major Retail Corridor with 42,000 Vehicles Per Day • Retailers Include: Walmart, Target, Publix, Chase Bank, Chipotle, Chick-fil-a, Starbucks, Dunkin', Taco Bell, Bojangles, IHop, Verizon, Walgreens, Truist, Bank of America, PNC Bank, AND MORE!
  • Florida • No State Income Tax • Massive Population Migration o A population increase of 138,000 people (according to the latest U.S. Census 2010-2020) topped all Florida cities – and was ninth highest in the U.S. o Jacksonville is one of 14 cities in the United States that saw a population increase of 100,000 or more from 2010 - 2020 • Jacksonville is home to numerous beaches and world-class golf courses as well as several military bases and an international trade seaport. • There's never be

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Valvoline

Listing Price: $2,233,000

Cap Rate
5.15%
Tenant Name
Convenient Car Care, INC
Years Remaining On Lease
12.1
Guarantor
Franchisee Guarantee
Rentable SF
1,568
Lease Type
NNN Ground Lease
Rent Per Square Feet
$73.34

Investment Highlights

  • Lease Information: • Ground Lease: No Landlord Responsibilities • 7.5% Rental Increases every 5-years • Two 5-year options
  • New Construction • Built in 2019
  • Convenient Car Care, LLC • Growing operator with 22 locations • Headquartered in Clarksville, TN
  • Beach Blvd. • Major Retail Corridor with 42,000 Vehicles Per Day • Retailers Include: Walmart, Target, Publix, Chase Bank, Chipotle, Chick-fil-a, Starbucks, Dunkin', Taco Bell, Bojangles, IHop, Verizon, Walgreens, Truist, Bank of America, PNC Bank, AND MORE!
  • Florida • No State Income Tax • Massive Population Migration o A population increase of 138,000 people (according to the latest U.S. Census 2010-2020) topped all Florida cities – and was ninth highest in the U.S. o Jacksonville is one of 14 cities in the United States that saw a population increase of 100,000 or more from 2010 - 2020 • Jacksonville is home to numerous beaches and world-class golf courses as well as several military bases and an international trade seaport. • There's never be

Investment Overview

Valvoline Instant Oil Change is the second largest oil change service provider in the United States and third largest quick-lube chain in Canada. The brand is popular for its drive-thru oil changes which is complete in 15 minutes. Each location features Valvoline oils and products and provides a variety of maintenance services including oil changes, antifreeze changes, smog checks, and other car repair services.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower