142 Middle Ridge Ave
Conway, SC 29526
Valvoline | Absolute Net Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2025 brand new construction | Fresh 15-year lease term
- Experienced operator | QAS III, LLC | 190 Locations | Valvoline’s second largest franchisee
- Close proximity to a Walmart Supercenter | 155K SF of retail space
- Absolute Net Lease | No landlord responsibilities
- Strategically located off of E Hwy 501 | 51,600 VPD | Main thoroughfare on the way to Myrtle Beach
- Located inside of dense retail corridor | 1.3M SF within a 2-mile radius
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Valvoline in Conway, SC. We welcome your review of this attractive investment.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,500 SF
Year Built
2025
Price
$3,452,000
Price Per SF
$1,380.80
Cap Rate
6.25%
NOI
$215,737
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.90 AC
Parking
12 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
212’ on Middle Ridge Avenue
PROPERTY TAXES
| Parcel Number | 40004010006 | Improvements Assessment | $48,040 |
| Land Assessment | $21,380 | Total Assessment | $69,420 |
