CBRE National Retail Partners - Mountain is pleased to exclusively offer a single-tenant, new construction Valvoline Instant Oil Change located in Greeley, Colorado. The offering is inclusive of an absolute triple-net ground lease with a brand new 15 year lease plus four (4), 5-year automatic renewal options. The lease features a corporate guarantee from Valvoline (S&P: BB) while the location is operated by Quality Automotive Services, one of Valvoline’s largest and most successful franchise partners with more than 175 locations.
The Offering features a 2,080-square foot three-bay, freestanding retail facility built exclusively for Valvoline Instant Oil Change and is under construction in 2025. Positioned along 10th Street (Bus-34), a main east/west thoroughfare in the Greeley, Colorado trade area, Valvoline Instant Oil Change has direct connectivity to Downtown Greeley,
University of Northern Colorado, AIMS Community College and surrounding high density neighborhoods. Ideally positioned in a high barrier to entry location at the hard corner signalized intersection at West 10th Street and 69th Avenue, Valvoline benefits from premier visibility and traffic volumes of over 30,000 vehicles per day.
Valvoline Instant Oil Change is a top ranked automotive services retailer in the U.S. and Canada, entering the quicklube business in 1986 by purchasing Rapid Oil Change in Minnesota. Valvoline Instant Oil Change has grown to over 1,900 locations offering stay-in-your-car vehicle maintenance services from certified technicians.
Valvoline Instant Oil Change is being offered free and clear of existing debt on an “As-Is/Where Is” basis.