Valvoline

3242 GA-5, Douglasville, GA 30135

$1,913,043

Cap Rate 5.75%

Views: 122 DOM: 234 Updated: 10.25.24 Posted: 04.01.24 Status: Active

Summary

Price $1,913,043	Built/Renov 1988	Tenant Valvoline
Cap Rate 5.75%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 1,300	Lease Start 11-14-2023	#Units 1,850
Price/SF $1,471.57	Expiration 11-30-2038	Tenant Type Automotive
NOI $110,000	R. Term 14.0	Ownership Fee Simple
Rent/SF $84.62	Increases 10.0%/5/yrs	Pop 5Mi 84,022
Lot/AC 0.34	Options 2/5yrs/10%	AHHI 5Mi $99,302

Chris King

Horvath & Tremblay: Tampa

Contact

Lease Highlights

Valvoline has 14 years remaining on the current lease term with 2 (5-year) options to extend
The lease features 10% rental increases every 5 years throughout the primary term and option periods
Absolute NNN lease | Zero landlord responsibilities
Corporate guaranteed lease (NYSE: VVV)

Location Description

Valvoline is strategically located on Highway 5, the area’s primary commercial and commuter corridor, with access to 28,100 vehicles passing by daily. The property enjoys outstanding visibility, frontage, and access, located just 0.8 miles from Interstate 20 and 2.2 miles from US Highway 78. Additionally, it is 2.7 miles from Douglas County High School, 2.8 miles from West Georgia Technical...

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Key Features

Build to suit
Dense retail corridor
Near major nationals
Highway location
Top 100 MSA
Affluent suburb location
Long 10+ yr lease
Accelerated depreciation
Traded and rated company
Corporate Guarantee

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Links

Valvoline Wikipedia Valvoline Wikipedia Douglasville, Georgia Zip Code 30135 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Valvoline, Inc.
Guarantor:Corp T and Rated
Company:Valvoline Inc.
# Units:1,850
Tenant S&P: BB
Moody’s: Ba2
Stock: NYSE: VVV

About Tenant

Valvoline Inc. is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Valvoline was established in 1866 in...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	5,398	35,448	82,630
2023 Total Population :	5,518	35,708	82,448
2023 Employed Civilian Pop :	2,970	17,613	40,077
2023 Total Businesses :	406	1,839	2,703
2023 Average Household Income :	$ 74,497	$ 89,244	$ 95,141
2023 Total Consumer Spending :	$ 152 M	$ 1015 M	$ 2354 M
2023 Median Age :	37	38	37
2023 Total Households :	2,327	13,115	28,584
2023 Pop Age 25+: Bachelor's Degree :	541	3,877	10,711
2023 Average Home Value :	$ 182,842	$ 255,245	$ 255,034

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Pony Thomas Mill Drive	Woodland Dr	2019	30	0.18 mi
Bill Arp Road	Plz Pkwy	2018	28,100	0.23 mi
Bill Arp Road		2019	25,200	0.23 mi
Bill Arp Rd	Arbor Pkwy	2013	24,370	0.32 mi
Springwood Dr	Springwood Junction Dr	2004	137	0.63 mi
Douglas Boulevard	Bill Arp Rd	2019	16,800	0.64 mi
	Bill Arp Rd	2019	5,000	0.70 mi
Squirrel Wood Run	Cobble Creek Dr	2004	211	0.72 mi
	Bill Arp Rd	2019	5,170	0.76 mi
	Bill Arp Rd	2019	15,400	0.79 mi

Listing Broker

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