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Mattoon, IL Auto Shops for Sale

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Valvoline Corporate Lease Investment Opportunity
Updated: Mar 26
Valvoline Corporate Lease Investment Opportunity

700 Broadway Ave E, Mattoon, IL 61938

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Brand new 15‑year corporate lease with Valvoline (NYSE: VVV) for stable, long‑term income.
Passive, hands‑off investment with ground lease structure; Valvoline handles all maintenance.
10% rent increases every 5 years, hedging against inflation and providing future revenue growth.
Located in a primary retail destination adjacent to Cross County Mall with established retailers.
Significant economic boost expected from the new $60 Million Lincoln Land of Sports complex, projected to draw 580,000 new customers.
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Valvoline-Leased Auto Service Facility
Updated: Aug 5, 2025
Valvoline-Leased Auto Service Facility

700 Broadway Ave E, Mattoon, IL 61938

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Fee‑simple interest for sale in a brand new long‑term Valvoline ground lease in Mattoon, Illinois.
Lease includes a corporately guaranteed term with a firm 15‑year base term plus options (NYSE: VVV).
Rental increases of 10% every 5 years during the initial term and options.
Valvoline is responsible for all maintenance, repairs, and replacements under the ground lease structure.
Facility is located adjacent to Dunkin Donuts and directly in front of the Cross County Mall (Rural King, Dunham’s, Marshall’s, Joann).
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Transmission Repair Business and Property
Transmission Repair Business and Property

1519 N Willis Ave, Champaign, IL 61821

$575,000
4,510 sqft

Well-equipped auto shop with established business for sale.

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Auto Shop with Paint Booth
Auto Shop with Paint Booth

2090 E Locust St, Decatur, IL 62521

$399,000
11,000 sqft

Automotive facility with service equipment, customer areas, office space, and a kitchen-equipped breakroom.

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Automotive Garage With Adjoining Lot
Automotive Garage With Adjoining Lot

1058 North Water Street, Decatur, IL 62523

Contact for pricing
2,127 sqft 0.66 AC lot

B2-zoned property includes a service garage and additional land for commercial use.

View details
Take 5 Champaign Investment Opportunity
Take 5 Champaign Investment Opportunity

1701 West Springfield Avenue, Champaign, IL 61821

Contact for pricing
1,372 sqft

1,372 SF Take 5 property for sale in Champaign, IL.

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Mattoon, IL Auto Shops Market Trends and Statistics

Explore 2 auto shops for sale in Mattoon, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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Demographics Overview

Population 20K
Population Growth (5Y) -6.4%
Median Household Income $54,288
College Educated 31.1%

Taxes & Financing

Tax Rate (average for all types) 7.54%
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mattoon fall within the 50,000 to 100,000 square foot range.

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