INVESTMENT OPPORTUNITY
SAB Capital is pleased to present Valvoline in Austell, GA, located about 13 miles northwest of central Atlanta. The lease features 14 years remaining in the base term with 10% rent escalations every 5 years. The property sits within a corridor that encompasses 2.3 million square feet of retail in a 1 mile radius including a Walmart Supercenter, Home Depot, and LA Fitness. It also sits adjacent to a new 750-unit housing development which will provide additional traffic to the area’s retailers.
- Valvoline in Austell, GA | 13 Miles Northwest of Central Atlanta
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- New Construction Asset | Valvoline Built This Location in 2022 and Signed a 15 Year Lease
- Experienced Operator With Corporate Guarantee | Valvoline (S&P: BB) Operates 1,700+ Locations
- High Traffic Location | East-West Connector Sees Over 40,984 Vehicles Per Day
- Dense Retail Trade Area | 2.3M Square Feet of Retail Within 1 Mile
- Strong Location Fundamentals | Neighboring Food Depot, Hobby Lobby and Walmart-Anchored Shopping Center
- Robust Local Population Growth | 13% Increase in 5 Mile Radius Since 2010
- Adjacent to 750-Unit Apartment Development | Elan Brookwood Offers 1-3 Bedroom Apartments & Townhome Residences With Direct Access to the Surrounding Retail
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Valvoline | $1,545,217 | % | 2,118 | Closed |