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Auto Service - Gas-Conv

Valvoline | Columbus MSA

3527 US Highway 280/431, Phenix City, AL 36867

Listing Price: $1,648,000

Cap Rate
5.10%
Tenant Name
Valvoline
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
2,077
Lease Type
Ground Lease
Rent Per Square Feet
$40.44

Investment Overview

15 YEAR NNN CORPORATE GROUND LEASE WITH 10% INCREASES IN LEASE & OPTIONS
• The subject property is a 2,077 SF Valvoline on 1.17 acres.
• The subject property has a 15-year ground lease guaranteed by Valvoline Inc. (Corporate).
• The lease is absolute NNN, and the tenant is responsible for all taxes, insurance, CAM, roof, and structure.
• There are attractive 10% rental increases every 5 years during the initial lease and each of the four 5 year option periods.
• The store is open, and rent commenced in August 2025.
• The subject property has a low rent of $84,000, which equates to a low price point of $1.64M.

5 MILE POPULATION: 111,487 WITH 5.48% GROWTH
• There are 111,487 people in a 5-mile radius with 5.48% growth between 2010–2020.

ADJACENT TO TOP PERFORMING WALMART SUPERCENTER (TOP 9% IN THE US) ON HWY 280 (40,496 VPD)
• This Valvoline is adjacent to a top-performing Walmart Supercenter, which ranks in the top 9% of Walmarts in the U.S. (2.9M annual visits).
• The subject property is surrounded by over 2.4 million SF of national retailers, including Walmart, Home Depot, Chick-fil-A, Aldi, Zaxby’s, and more.
• This Valvoline is part of a multi-parcel development that includes Outback, Chipotle, Starbucks, Jersey Mike’s, AT&T, and Peachtree Immediate Care.
• The subject property is located directly off Highway 280 (40,496 VPD), a major thoroughfare that connects Columbus, GA, and Birmingham, AL.

COLUMBUS MSA | 2ND LARGEST CITY IN GA
• Phenix City is a suburb of Columbus, the second largest city in Georgia. Columbus, GA (Population: 324,343+) is located 100 miles southwest of Atlanta.
• Home to Fort Benning, the 5th largest military base in the U.S. (284 square miles), supporting a population of 120,000 troops and civilians with an economic impact of $1.1 billion. The base occupies 284 square miles south of Phenix City and Columbus.
• Columbus is home to the corporate headquarters for Aflac (#137, Fortune 500), TSYS (#776 on the Fortune 1000), Realtree, Carmike Cinemas, Synovus Bank, and Pratt & Whitney, an American “big three” aero-engine manufacturer.
• Columbus State University (8,500+ enrollment), ranked among the top regional universities in the South by U.S. News & World Report, is located in downtown Columbus.

CORPORATE GUARANTEED BY VALVOLINE INC (NYSE: VVV)
• Valvoline Instant Oil Change offers services including its signature 15-minute oil change, in addition to preventive maintenance such as fluid exchanges, filters, wiper blades, and more.
• This lease is corporately guaranteed by Valvoline Inc. (NYSE: VVV), a leading provider of automotive preventive maintenance services.
• Today, Valvoline operates and franchises over 2,010+ service center locations across the U.S., making it one of the largest quick-lube operators in the country.
• Founded in 1866, Valvoline has over 150 years of operational history and benefits from a globally recognized brand with strong customer loyalty and proven performance in the automotive services sector.

Investment Highlights

  • 15 Year NNN Corporate Ground Lease With 10% Increases In Lease & Options
  • Low Rent & Price Point
  • 5 Mile Population: 111,487 With 5.48% Growth
  • Adjacent To Top Performing Walmart Supercenter (Top 9% In The US) On Hwy 280 (40,496 VPD)
  • Columbus MSA | 2nd Largest City In GA
  • Corporate Guranateed By Valvoline Inc (NYSE:VVV)

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Auto Service - Gas-Conv

Valvoline | Columbus MSA

Listing Price: $1,648,000

Cap Rate
5.10%
Tenant Name
Valvoline
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
2,077
Lease Type
Ground Lease
Rent Per Square Feet
$40.44

Investment Highlights

  • 15 Year NNN Corporate Ground Lease With 10% Increases In Lease & Options
  • Low Rent & Price Point
  • 5 Mile Population: 111,487 With 5.48% Growth
  • Adjacent To Top Performing Walmart Supercenter (Top 9% In The US) On Hwy 280 (40,496 VPD)
  • Columbus MSA | 2nd Largest City In GA
  • Corporate Guranateed By Valvoline Inc (NYSE:VVV)

Investment Overview

15 YEAR NNN CORPORATE GROUND LEASE WITH 10% INCREASES IN LEASE & OPTIONS • The subject property is a 2,077 SF Valvoline on 1.17 acres. • The subject property has a 15-year ground lease guaranteed by Valvoline Inc. (Corporate). • The lease is absolute NNN, and the tenant is responsible for all taxes, insurance, CAM, roof, and structure. • There are attractive 10% rental increases every 5 years during the initial lease and each of the four 5 year option periods. • The store is open, and rent commenced in August 2025. • The subject property has a low rent of $84,000, which equates to a low price point of $1.64M. 5 MILE POPULATION: 111,487 WITH 5.48% GROWTH • There are 111,487 people in a 5-mile radius with 5.48% growth between 2010–2020. ADJACENT TO TOP PERFORMING WALMART SUPERCENTER (TOP 9% IN THE US) ON HWY 280 (40,496 VPD) • This Valvoline is adjacent to a top-performing Walmart Supercenter, which ranks in the top 9% of Walmarts in the U.S. (2.9M annual visits). • The subject property is surrounded by over 2.4 million SF of national retailers, including Walmart, Home Depot, Chick-fil-A, Aldi, Zaxby’s, and more. • This Valvoline is part of a multi-parcel development that includes Outback, Chipotle, Starbucks, Jersey Mike’s, AT&T, and Peachtree Immediate Care. • The subject property is located directly off Highway 280 (40,496 VPD), a major thoroughfare that connects Columbus, GA, and Birmingham, AL. COLUMBUS MSA | 2ND LARGEST CITY IN GA • Phenix City is a suburb of Columbus, the second largest city in Georgia. Columbus, GA (Population: 324,343+) is located 100 miles southwest of Atlanta. • Home to Fort Benning, the 5th largest military base in the U.S. (284 square miles), supporting a population of 120,000 troops and civilians with an economic impact of $1.1 billion. The base occupies 284 square miles south of Phenix City and Columbus. • Columbus is home to the corporate headquarters for Aflac (#137, Fortune 500), TSYS (#776 on the Fortune 1000), Realtree, Carmike Cinemas, Synovus Bank, and Pratt & Whitney, an American “big three” aero-engine manufacturer. • Columbus State University (8,500+ enrollment), ranked among the top regional universities in the South by U.S. News & World Report, is located in downtown Columbus. CORPORATE GUARANTEED BY VALVOLINE INC (NYSE: VVV) • Valvoline Instant Oil Change offers services including its signature 15-minute oil change, in addition to preventive maintenance such as fluid exchanges, filters, wiper blades, and more. • This lease is corporately guaranteed by Valvoline Inc. (NYSE: VVV), a leading provider of automotive preventive maintenance services. • Today, Valvoline operates and franchises over 2,010+ service center locations across the U.S., making it one of the largest quick-lube operators in the country. • Founded in 1866, Valvoline has over 150 years of operational history and benefits from a globally recognized brand with strong customer loyalty and proven performance in the automotive services sector.

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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