Valvoline - 15 Year Ground Lease | 5315 William Flynn Hwy
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Valvoline - 15 Year Ground Lease 5315 William Flynn Hwy
2,100 SF Retail Building Gibsonia, PA 15044 $1,359,000 ($647/SF) 5.15% Cap Rate
Investment Highlights
- Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Guaranty by Valvoline (NYSE: VVV)
- New High-Quality 2023 Construction
- Dense Trade Area in the Pittsburgh MSA with 68,366 Residents in a 5-Mile Radius
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Valvoline Operates 2,100+ Service Center Locations Across North America
- Excellent Visibility and Access Along William Flinn Highway (33,000 Cars per Day), Less Than 1 Mile Off the I-76 Freeway
Executive Summary
Presenting a brand new 15-year absolute triple-net (NNN) ground lease with a corporate guaranty by Valvoline (NYSE: VVV), offering 10 percent rental increases every five years and multiple renewal options. This high-quality 2023 construction is situated in a dense trade area within the Pittsburgh MSA, featuring 68,366 residents in a 5-mile radius. The property boasts excellent visibility and access along William Flinn Highway, with 33,000 cars per day, and is less than 1 mile from the I-76 freeway. The average household income in the surrounding area exceeds $142,000, and the location is in close proximity to national retailers such as Walmart, Kohl's, Dollar Tree, and McDonald's. With Valvoline operating over 2,100 service center locations across North America, this is a prime investment opportunity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,100 SF
Building Class
C
Year Built
2023
Price
$1,359,000
Price Per SF
$647
Cap Rate
5.15%
NOI
$70,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Land Acres
1.56 AC
Zoning
C3 - permits a wide range of regional commercial activities generating large amounts of employment and traffic, serving a wide region on the County.
Parking
3 Spaces (1.43 Spaces per 1,000 SF Leased)
Frontage
54 FT on State Highway 8
PROPERTY TAXES
| Parcel Number | 1355-E-00235-0000-00 | Improvements Assessment | $119,400 |
| Land Assessment | $102,200 | Total Assessment | $221,600 |
PROPERTY TAXES
Parcel Number
1355-E-00235-0000-00
Land Assessment
$102,200
Improvements Assessment
$119,400
Total Assessment
$221,600
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Power Broker Mark Ruble -
Power Broker Christopher Lind -
Zack House -
Alex Frankel -
Timothy Stephenson -
Marcus & Millichap
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Valvoline - 15 Year Ground Lease | 5315 William Flynn Hwy
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