802 Glynn St N - Auto Repair FOR SALE


Fayetteville, GA 30214
$2,200,000 USD
760-208-8798
802 Glynn St N, Fayetteville, GA for Sale
$2,200,000 USD
Auto Repair - FOR SALE
1/4
null | 5.5% Cap Rate

802 Glynn St N
Fayetteville, GA 30214


HIGHLIGHTS

  • Absolute NNN Ground Lease / Zero Landlord Responsibilities
  • Corporate Guarantee - Valvoline Inc.
  • No Early Termination Clause
  • Oil-Change Industry Considered Highly Recession Proof
  • 10-Years Remaining (15-Year Initial Term) w/ 10% Rent Increases Every 5 Years
  • Fayetteville, GA | Atlanta MSA Population: 6,193,000

OVERVIEW

10+ Year Absolute NNN Ground Lease | VALVOLINE INC. - CORPORATE GUARANTEE | Atlanta MSA REDUCED List Price: $2,200,000 / NOI: $121,000 (OCT 2025) / Cap Rate: 5.50% • Absolute NNN Ground Lease // Zero Landlord Responsibilities • Corporate Guarantee - Valvoline Inc. // Publicly Traded (NYSE: VVV) / Market Cap of $4.64 Billion • 10-Years Remaining (15-Year Initial Term) // 10% Rent Increases Every 5 Years // Plus (3), 5-Year Options to Renew • 2020 Newer Construction • 2,077+/- SF Building on 0.63+/- Acre Site • Adjacent the Major Intersection of State Route 85 & State Route 54 (77,200 Combined VPD) • Convenient Access to I-85 with Multiple Points of Ingress/Egress • Adjacent to 256,701 SF Retail Community Center Anchored by Kroger, Planet Fitness, JCPennEy, Goodyear, GNC • Surrounding Retail Strength – Tesla, Staples, Discount Tire, Tractor Supply Co, Chick-Fil-A, Walgreens, Aspen Dental, Chipotle • Valvoline is a Well-Established and Globally Recognized Brand with Over 2,010 Locations • 11 Miles South of Atlanta’s Hartsfield Airport • 20 Miles South of Downtown Atlanta • Fayetteville | Atlanta MSA Population: 6,193,000 TENANT OVERVIEW Valvoline Inc. (VVV), a leading worldwide marketer and supplier of premium branded lubricants and automotive services, was established in 1866 (150+ years of experience). In fiscal year 2024, the company reported revenues of $1.6 billion, marking a 12% increase from the previous year. System-wide store sales reached $3.1 billion, also reflecting a 12% growth. Valvoline's network encompasses 2,010+ service center locations, comprising 950 company-operated and 1,060 franchised stores. This expansion represents a nearly 9% year-over-year increase in store count. The company's credit rating has been affirmed at 'BB' by S&P Global Ratings, with an issue-level rating on its unsecured debt at 'B+'. Valvoline's market capitalization stands at approximately $4.64 billion. Under the leadership of CEO Lori Flees, a former Walmart executive, Valvoline continues to focus on expanding its retail operations and enhancing customer experience. The company has experienced 18 consecutive years of system-wide same-store sales growth, underscoring its commitment to delivering high-quality automotive services. Website www.valvoline.com US Headquarters 100 Valvoline Way, Lexington, KY 40509 Number of Locations 2010+ (US & Canada) Number of Employees 11,000+ Year Founded: 1886 Valvoline Global: 80,000+ Locations / 140 Countries RENT SCHEDULE TERM MONTHLY ANNUALLY Y1-5 10/20 - 9/25 $9,166.67 $110,000.04 Y6-10 10/25 - 9/30 $10,083.33 $120,999.96 Y11-15 10/30 – 9/35 $11,091.67 $133,100.04 O 1(16-20) 10/35 – 9/40 $12,200.83 $146,409.96 O 2 (21-25) 10/40 – 9/45 $13,420.92 $161,051.04 O 3 (26-30) 10/45-9/50 $14,763.01 $177,156.12 SELLER FLEXIBILITY ON CLOSING-TIMING - Sellers are willing to work with Exchange Buyer on timing. - Sellers will NOT exchange out – so they close when Buyer is ready.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$1,059 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

C2

APN/PARCEL ID

05-31-00-142

ASK ABOUT THIS PROPERTY

James BengalaUrban West VenturesMore Info
760-208-8798

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James BengalaUrban West VenturesMore Info
760-208-8798

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.