Skip to main content

Auto Parts

Valvoline | 15 Years Remain | Washington, DC MSA | 10% Increases Every 5 Years

Tall Cedars Parkway & Lee Jackson Memorial Highway, South Riding, VA 20152

Listing Price: $3,010,753

Cap Rate
4.65%
Tenant Name
Valvoline
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
5,700
Lease Type
NNN Ground Lease
Rent Per Square Feet
$24.56

Investment Overview

The Property is located immediately across Tall Cedars Parkway from East Gate Marketplace, a 191,943-square-foot shopping center anchored by Harris Teeter. King Spa just opened a 62,000-square-foot luxury spa facility neighboring the center, which will draw increased traffic to this node. According to Placer.ai geofencing software, this Harris Teeter location receives over 628 thousand visits per year (before the opening of King Spa). The center also features notable retailers Starbucks, Walgreens, Wells Fargo, and AutoZone.

Investment Highlights

  • New 15-Year NNN Ground Lease with Ten Percent Increases Every Five Years
  • Exceptional Northern Virginia Demographics; $235,127 AHHI
  • Within Master Planned Commercial & Residential Project

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Auto Parts

Valvoline | 15 Years Remain | Washington, DC MSA | 10% Increases Every 5 Years

Listing Price: $3,010,753

Cap Rate
4.65%
Tenant Name
Valvoline
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
5,700
Lease Type
NNN Ground Lease
Rent Per Square Feet
$24.56

Investment Highlights

  • New 15-Year NNN Ground Lease with Ten Percent Increases Every Five Years
  • Exceptional Northern Virginia Demographics; $235,127 AHHI
  • Within Master Planned Commercial & Residential Project

Investment Overview

The Property is located immediately across Tall Cedars Parkway from East Gate Marketplace, a 191,943-square-foot shopping center anchored by Harris Teeter. King Spa just opened a 62,000-square-foot luxury spa facility neighboring the center, which will draw increased traffic to this node. According to Placer.ai geofencing software, this Harris Teeter location receives over 628 thousand visits per year (before the opening of King Spa). The center also features notable retailers Starbucks, Walgreens, Wells Fargo, and AutoZone.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

MM Texture Background
MM Textured Background Lower