14.5+ Years Remaining on Absolute Triple-Net Lease with 5% rental increases every five years
Valvoline has over 20 years of operating history at the subject property and exercised 15-Year lease extension in April of 2024. The extension added three five-year option periods, each with 10% rental increases
Corporately Guaranteed by Valvoline, Inc., one of the largest preventative maintenance brands in the United States. Valvoline has nearly 1,900 system-wide locations with plans to add 250 new stores by 2027. During fiscal year 2023, Valvoline achieved $1.4 billion in sales while delivering 137 new locations
Direct visibility from Interstate 44, a primary thoroughfare of the St. Louis MSA seeing approximately 66,000 VPD
Affluent Demographics within immediate trade area, within a five-mile radius, 27,686 people earn an average household income of $144,462
Nearby national retailers include Walmart Supercenter, Schnucks, McDonald's, Panera Bread, Walgreens, QuikTrip, Culver's, Taco Bell, Popeyes, and more