Valvoline – Atlanta MSA
1045 Chen Parkway, McDonough, GA 30253
Property Description
Price: $2,105,000
Cap Rate: 4.75%
Gross Leasable Area: ±2,300 Square Feet
Year Built: 2024
Investment Highlights
Brand New 15-Year Corporate Guaranteed Valvoline
Outparcel to New Costco-Anchored Shopping Center
Located on the Corner of a Signalized Intersection Across from a Brand New Sprouts-Anchored Center
Prime Retail Location
- Located Near Interstate 75 with Traffic Counts Exceeding 167,000 Cars Per Day | I-75 is a Major Highway that Connects Miami to Detroit
- Multiple Residential Developments Next Door Including The Levi Luxury Apartments which Consist of 660 Apartments/Townhomes and 66 Single Family Houses
- Across from the #1 Visited Sprouts in the State of Georgia According to Placer.ai (Please Contact Agent for More Details)
- The Subject Property is Part of a Brand-New Master Planned Development with a Number of Premium Retailers Including Whataburger, Chick-fil-A, Starbucks, Bank of the Ozarks, First Watch, Bubba’s 33, Costco, Chipotle, Hacienda Bar & Grill, Lush Nail Bar, and Many More
High Credit Tenant
- Strong Corporate Guarantee: Absolute NNN Ground Lease Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
- Valvoline has Over 2,010 Locations in Operation | Corporate Guaranty from Investment Grade Tenant with Over $3.1 Billion in Revenue
- Publicly Traded: The Tenant Is Listed (NYSE: VVV) with a Market Capitalization of $4.48 Billion
- Scheduled 10% Rental Increases Every 5 Years Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation
- E-Commerce & Recession-Resilient: Valvoline Is Well-Suited to Thrive in Various Economic Conditions
Pride of Ownership Property in McDonough, GA
- Dense, Infill Location with Over 102,000 Residents Within 5 Miles | Affluent Area with the Average Household Income Exceeding $94,000 Within 5 Miles
- The Surrounding Area Benefits From a Very Low Unemployment Level of 2.62%
- Access to Major Interstate Corridor with Easy Access to Downtown Atlanta Makes the Local Market an Industrial & Distribution Hub with ±8.8M Square Feet of Industrial Properties
Contact Information
Craig Elster
Senior Director Investments
(949) 419-3223
[email protected]
License: CA 01958307
Ron Duong