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555 W 5th StEureka, MO 63025
Valvoline - Eureka, MO
Asset ClassRetail
Recent 15 Year Extension | Absolute Triple-Net (NNN) Lease | Corporate Guarantee
overview of deal

Overview

Price: $1,000,000

Cap Rate: 5.50%

Tenant: Valvoline

Building Size: 1,995 SF

Lot Size (AC): 0.65

Year Built: 2004

Remaining Lease Term: 14.5 Years

Lease Type: Absolute Triple-Net (NNN)

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Investment Highlights

  • 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
555 W 5th StEureka, MO 63025

Contact Us

Drew IsaacSenior Managing Director Investments(303) 328-2048drew.isaac@marcusmillichap.com
David SaverinMO Broker of RecordLic #: 2008013520
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Listing provided by Revere CRE