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Valvoline 904 Boll Weevil Cir 2,000 SF Retail Building Enterprise, AL 36330 $1,455,000 ($727.50/SF) 5.50% Cap Rate
Investment Highlights
- PRIME VISIBILITY & TRAFFIC VOLUME
- NATIONAL AUTOMOTIVE MARKET STRENGTH
- NEARBY PLANNED INFRASTRUCTURE AND DEVELOPMENT
Executive Summary
STRONG LEASE FUNDAMENTALS
- Absolute NNN Ground Lease with zero landlord obligations
- Long term 15 Year Lease with 7 x 5 Year option periods remaining
- 10% increases every 5 years
NATIONAL AUTOMOTIVE MARKET STRENGTH
- The U.S. vehicle fleet reached 286.5 million cars in 2024 with a record 14.1- year average age, driving 30–40% higher maintenance spend on older vehicles. Valvoline services 20M+ annual visits across its 1,800+ locations, supported by 70% repeat customers and oil-change intervals every 3–5 months
- The broader automotive aftermarket surpassed $460B in 2024 and is projected to exceed $560B by 2028 as 70%+ of drivers now rely on professional service providers rather than DIY
TIGHT RETAIL SUPPLY
- The site is an outparcel to Hobby Lobby and nestled between two national QSRs
- Traffic to this site is driven by EPark Place Shopping Center (Publix), Enterprise Shopping Center (Aldi and TJ Maxx), Walmart Supercenter & Dauphin Plaza Shopping Center
- Within a 1-mile radius there is over 800K SF of retail & 12 month net absorption sits at 99.5% with a vacancy rate of 1.8%
PRIME VISIBILITY & TRAFFIC VOLUME
- The site is positioned along Boll Weevil Circle (36,755 VPD), Enterprise’s highest-volume commercial artery, carrying over 55% of all daily vehicular traffic within the city’s primary retail district & the primary east–west bypass linking Enterprise’s fastest-growing residential neighborhoods to major employment centers
NEARBY PLANNED INFRASTRUCTURE AND DEVELOPMENT
- The city is actively investing in a 300-acre industrial park with robust accompanying infrastructure
- In 2024 Enterprise secured a $5.7 million grant under the state’s site development program (SEEDS) to prepare sites to be built on immediately
ENTERPRISE MSA
- Enterprise’s population has increased 9%+ since 2010, supported by the regional employment base tied to Fort Novosel (formerly Fort Rucker), which employs 10,000+ military and civilian personnel
- The broader Coffee County trade area reaches 65,000 residents, while Alabama’s GDP grew 13%+ over the last five years, reinforcing stable consumer demand for auto services
- Absolute NNN Ground Lease with zero landlord obligations
- Long term 15 Year Lease with 7 x 5 Year option periods remaining
- 10% increases every 5 years
NATIONAL AUTOMOTIVE MARKET STRENGTH
- The U.S. vehicle fleet reached 286.5 million cars in 2024 with a record 14.1- year average age, driving 30–40% higher maintenance spend on older vehicles. Valvoline services 20M+ annual visits across its 1,800+ locations, supported by 70% repeat customers and oil-change intervals every 3–5 months
- The broader automotive aftermarket surpassed $460B in 2024 and is projected to exceed $560B by 2028 as 70%+ of drivers now rely on professional service providers rather than DIY
TIGHT RETAIL SUPPLY
- The site is an outparcel to Hobby Lobby and nestled between two national QSRs
- Traffic to this site is driven by EPark Place Shopping Center (Publix), Enterprise Shopping Center (Aldi and TJ Maxx), Walmart Supercenter & Dauphin Plaza Shopping Center
- Within a 1-mile radius there is over 800K SF of retail & 12 month net absorption sits at 99.5% with a vacancy rate of 1.8%
PRIME VISIBILITY & TRAFFIC VOLUME
- The site is positioned along Boll Weevil Circle (36,755 VPD), Enterprise’s highest-volume commercial artery, carrying over 55% of all daily vehicular traffic within the city’s primary retail district & the primary east–west bypass linking Enterprise’s fastest-growing residential neighborhoods to major employment centers
NEARBY PLANNED INFRASTRUCTURE AND DEVELOPMENT
- The city is actively investing in a 300-acre industrial park with robust accompanying infrastructure
- In 2024 Enterprise secured a $5.7 million grant under the state’s site development program (SEEDS) to prepare sites to be built on immediately
ENTERPRISE MSA
- Enterprise’s population has increased 9%+ since 2010, supported by the regional employment base tied to Fort Novosel (formerly Fort Rucker), which employs 10,000+ military and civilian personnel
- The broader Coffee County trade area reaches 65,000 residents, while Alabama’s GDP grew 13%+ over the last five years, reinforcing stable consumer demand for auto services
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
B
Year Built
2024
Price
$1,455,000
Price Per SF
$727.50
Cap Rate
5.50%
NOI
$80,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.98 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- 2,000 SF
- -
- May 2040
Valvoline™ has spent more than 150 years under the hood perfecting their lubricants to improve vehicle performance. As a division of Valvoline, Valvoline Instant Oil Change is a part of that rich heritage. With oil changes in about 15 minutes and over 1,500+ locations, Valvoline Instant Oil Change will keep clients drivers on the road so they stay on top of their business. With their preventive maintenance services they’ll save on average 20-50% more than most dealerships.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | 2,000 SF | - | May 2040 |
Nearby Major Retailers
Contacts
-
David Hoppe -
Mike Lucier -
Ben Olmstead -
Ben McCarter -
Connor Kuchman -
Atlantic Capital Partners
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Valvoline | 904 Boll Weevil Cir
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