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6005 Lowes Ln
Amarillo, TX 79106
Valvoline Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-year absolute NNN ground lease to Valvoline, an iconic brand with global recognition (NYSE: “VVV”).
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- Valvoline ranks #2 in quick-lube chains in the U.S. by number of stores with over 2,000 locations.
- 10% rental increases every five years deliver steady growth through the initial term and four (4) five-year options
- With an average consumer rating of 4.6 out of 5 stars, Valvoline Inc. has built the model for transparency and convenience.
- Valvoline’s expansion strategy aims to increase the number of stores to 3,500 service centers across North America.
EXECUTIVE SUMMARY
High-visibility, easily accessible retail location along Interstate 40, which experiences a high traffic count of 28,358 AADT. Valvoline ranks #2 in quick-lube chains in the U.S. by number of stores, with over 2,000 locations. The five-mile radius serves a populous region of 125,283, with an average annual household income of $101,046 within one mile. The site is an outparcel to a Lowe’s Home Improvement and surrounded by a strong mix of local and national retailers, including Walmart Supercenter, Tractor Supply Co., Chick-fil-A, Wendy’s, United Supermarkets, Walgreens, and more. The absolute NNN ground lease structure transfers all maintenance and expense responsibilities to the tenant, including roof, structure, and parking lot. Projected income increases within 1-, 3-, and 5-mile radii over the next five years position this Valvoline and the broader Amarillo market for steady concurrent growth.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,089 SF
Building Class
C
Year Built
2025
Price
$1,780,000
Price Per SF
$852.08
Cap Rate
5%
NOI
$89,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
0.74 AC
Parking
9 Spaces (4.31 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
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