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Virtual Drive-By

Valvoline Absolute NNN

3527 US-431 · Phenix City, AL 36867 · Convenience / Fuel

Asking price
$1,600,000
Cap rate
5.25%
NOI
$84,000

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Lease

Lease typeAbsolute NNN
Term remaining14.2 yrs
Expiration09/2040
Rent bumps10% rental increase every five (5) years in initial term and in each Option period
OptionsFour (4) options of five (5) years each
Ground leaseYes
Credit profileCredit Rated
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF2,077
Price / SF$770
Year built2025
Lot size1.17 ac
TypeConvenience Store, Storefront
Days on market37

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​New 15-year Absolute NNN Ground Lease
  • ​This Valvoline Ground Lease is corporately guaranteed by Valvoline LLC. Valvoline is the second largest oil change service provider in the United States with 10% market share
  • ​10% Rental Increases Every Five (5) Years and in each of the four (4) 5-year option periods
  • ​No landlord management, with the tenant responsible for taxes, insurance and all maintenance, including roof, structure and parking lot
  • ​Strategically Positioned Along US-431 Highway - A major commercial corridor in east Alabama, providing direct access to residential neighborhoods, retail centers, and downtown Columbus, GA
  • ​High-Visibility Site - Prominent frontage with excellent visibility and strong traffic counts exceeding 40,496 vehicles per day along US-431
  • ​Top-Performing Retail Corridor - Located near the #1 Starbucks in Alabama for customer visits (top 4% nationwide) and adjacent to a Walmart Supercenter ranked among the top 12% of Walmart locations nationwide (Placer.ai)
  • ​Established Retail Trade Area - Surrounded by national and regional retailers including Home Depot, Aldi, Verizon, and multiple QSRs
  • ​Dense Surrounding Population - More than 98,730 residents within a 5-mile radius with average household incomes exceeding $74,539

Property overview

Valvoline Inc.​ (VVV), a leading worldwide marketer and supplier of premium branded lubricants and automotive services, was established in 1866 (150+ years of experience).​ In fiscal year 2024, the company reported revenues of $1.6 billion, marking a 12% increase from the previous year.​ System-wide store sales reached $3.1 billion, also reflecting a 12% growth.​

Valvoline's network encompasses 2,045+ service center locations, comprising 950 company-operated and 1,060 franchised stores.​ This expansion represents a nearly 9% year-over-year increase in store count.​ The company's credit rating has been affirmed at 'BB' by S&P Global Ratings, with an issue-level rating on its unsecured debt at 'B+'.​ Valvoline's market capitalization stands at approximately $4.64 billion.​

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.