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68 Masonboro dr
Garner, NC 27529
Valvoline | Ground Lease · Retail Property For Sale
Investment Highlights
- New 2025 construction | Absolute net ground lease | Zero landlord responsibilities
- Part of a new construction master plan featuring Wawa and Whataburger
- Affluent surrounding area | $126,210 average household income within a 3-mile radius
- Desirable lease term | 14 years remaining
- Explosive population growth within 1-mile | 132.04% from ’10-‘25
- 2nd Largest Valvoline franchisee in U.S. | 243 locations across 13 states
Executive Summary
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Valvoline Ground Lease in Garner, NC. We welcome your review of this attractive investment.
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Building Size
2,500 SF
Year Built
2025
Price
$1,450,000
Price Per SF
$580
Cap Rate
5%
NOI
$72,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.37 AC
Zoning
Commercial
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