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Valvoline | Corporate-Guaranteed Lease 1045 Chen Pky 2,300 SF Retail Building McDonough, GA 30253 $2,000,000 ($869.57/SF) 5% Cap Rate
Investment Highlights
- Brand New 15-Year Corporate Guaranteed Valvoline
- Located on the Corner of a Signalized Intersection Across from a Brand New Sprouts-Anchored Center
- Outparcel to New Costco-Anchored Shopping Center
Executive Summary
--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
Broker of Record: John Leonard – 1100 Abernathy Road NE, Building 500, Suite 600, Atlanta, GA 30328
Phone: (678) 808-2700 | License: 252904
--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
Broker of Record: John Leonard – 1100 Abernathy Road NE, Building 500, Suite 600, Atlanta, GA 30328
Phone: (678) 808-2700 | License: 252904
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,300 SF
Year Built
2024
Price
$2,000,000
Price Per SF
$869.57
Cap Rate
5%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.77 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0053-01-018-001 | Improvements Assessment | $23,168,401 |
| Land Assessment | $1,367,080 | Total Assessment | $24,535,481 |
Property Taxes
Parcel Number
0053-01-018-001
Land Assessment
$1,367,080
Improvements Assessment
$23,168,401
Total Assessment
$24,535,481
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Valvoline | Corporate-Guaranteed Lease | 1045 Chen Pky
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