Auto Service - Gas-Conv
Valvoline (20-Year Corporate Ground Lease)
13078 Tegler Dr, Noblesville, IN 46060
Listing Price: $1,166,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Valvoline in Noblesville, IN. The property consists of a 2,100-square-foot, freestanding building that sits on approximately 0.97 acres of land. There are 20 years remaining on the lease with 10% rental increases every 5 years.
Valvoline (20-Year Corporate Ground Lease)
Investment Highlights
- 20-Year Corporate Ground Lease - Brand New 2025 Construction - 10 Percent Rental Escalations Every Five Years
- Adjacent to Hamilton Town Center (690,000-SF Retail Development with 100+ Retailers) and a BJ's Wholesale Club (Built 2022)
- Surrounded by Major Developments, Including Saxony Village (450-Acre; Mixed-Use) and the Proposed Gateway Lakes Residential Community (1,100 Acres; 2026 Groundbreaking)
- More Than 120,882 Residents – 51 Percent Increase Since 2010 Within a Five-Mile Radius
- Corporate Guarantee from a Publicly Traded Company (Market Cap: $4B+)
Exclusively Listed By
Broker of Record
Auto Service - Gas-Conv
Valvoline (20-Year Corporate Ground Lease)
Listing Price: $1,166,000
Investment Highlights
- 20-Year Corporate Ground Lease - Brand New 2025 Construction - 10 Percent Rental Escalations Every Five Years
- Adjacent to Hamilton Town Center (690,000-SF Retail Development with 100+ Retailers) and a BJ's Wholesale Club (Built 2022)
- Surrounded by Major Developments, Including Saxony Village (450-Acre; Mixed-Use) and the Proposed Gateway Lakes Residential Community (1,100 Acres; 2026 Groundbreaking)
- More Than 120,882 Residents – 51 Percent Increase Since 2010 Within a Five-Mile Radius
- Corporate Guarantee from a Publicly Traded Company (Market Cap: $4B+)
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Valvoline in Noblesville, IN. The property consists of a 2,100-square-foot, freestanding building that sits on approximately 0.97 acres of land. There are 20 years remaining on the lease with 10% rental increases every 5 years.
Exclusively Listed By
Broker of Record
-
Josh Caruana
First Vice President/District Manager
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