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Auto Parts

Valvoline Ground Lease

1330 S Sossaman Rd, Mesa, AZ 85209

Listing Price: $2,316,000

Cap Rate
4.75%
Tenant Name
Valvoline
Years Remaining On Lease
14.6
Gross SF
2,080
Guarantor
Corporate Guarantee
Rentable SF
2,080
Price/Gross SF
$1,113.46
Lease Type
NNN Ground Lease
Rent Per Square Feet
$52.88

Investment Overview

Valvoline Inc. (NYSE: VVV) is an industry leader in automotive service innovations. With an average consumer rating of 4.6 out of 5 stars (based on a survey of more than 600,000 Valvoline Instant Oil Change customers annually), Valvoline upholds a legacy of transparency and convenience that simplifies consumers' lives.

Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Valvoline Guaranty (NYSE: VVV)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New High-Quality 2025 Construction
  • Adjacent to the #1 Costco in the Phoenix MSA - Ranked in the Top 5% in Arizona and the Top 13% Nationwide per Placer.ai
  • 269,878 Residents within a 5-Mile Radius in Dense Mesa Infill - Phoenix MSA

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Auto Parts

Valvoline Ground Lease

Listing Price: $2,316,000

Cap Rate
4.75%
Tenant Name
Valvoline
Years Remaining On Lease
14.6
Gross SF
2,080
Guarantor
Corporate Guarantee
Rentable SF
2,080
Price/Gross SF
$1,113.46
Lease Type
NNN Ground Lease
Rent Per Square Feet
$52.88

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Valvoline Guaranty (NYSE: VVV)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • New High-Quality 2025 Construction
  • Adjacent to the #1 Costco in the Phoenix MSA - Ranked in the Top 5% in Arizona and the Top 13% Nationwide per Placer.ai
  • 269,878 Residents within a 5-Mile Radius in Dense Mesa Infill - Phoenix MSA

Investment Overview

Valvoline Inc. (NYSE: VVV) is an industry leader in automotive service innovations. With an average consumer rating of 4.6 out of 5 stars (based on a survey of more than 600,000 Valvoline Instant Oil Change customers annually), Valvoline upholds a legacy of transparency and convenience that simplifies consumers' lives. Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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