Investment Overview

Marcus & Millichap presents for sale Valvoline Ground Lease in St. George, Utah. The property is currently being built with an estimated completion date in April of 2026. The new building will have three bays and 3,565 rentable square feet. Positioned at a hard signalized intersection near the, the property benefits from excellent visibility and accessibility, with traffic counts of nearly 20,000 VPD on Mall Drive. The property features an absolute net ground lease withthe landlord having zero responsibilities. The initial lease term spans 15 years with the option for four additional five-year renewal periods. The lease incorporates rent escalations of 10% every 5 years. Quality Automotive Services, Inc is the second largest franchise operator in the Valvoline Instant Oil Change system. They currently operate 170 Valvoline Instant Oil Change locations in North Carolina, South Carolina, Tennessee, Florida, Kentucky, Indiana, Ohio, West Virginia, Georgia, Colorado, Wyoming, Montana and Utah.