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    New Construction Valvoline Ground Lease Title is generated by Realmo AI

    1512 W McIntosh Rd, Griffin, GA 30223

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    For Sale
    $2,095,000

    New construction Valvoline in Atlanta MSA with 15-year lease.

    Type:Retail
    Lot size:
    1.49 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    61
    Last Refresh:
    Apr 7 at 9:39 pm

    Property Features for 1512 W McIntosh Rd

    General Information

    Standard status
    Active
    Lot size
    1.49 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2026

    We can help!

    Listing Contact
    Bryan Belk

    Listing agent Bryan Belk License #GA (Broker of Record) #329335

    Listing office

    Listing date Apr 7, 2026

    Source Franklinst

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Bryan Belk

    HighLights

    • New construction Valvoline corporate ground lease with a 15‑year term and attractive rental increases every 5 years.
    • Located in the Atlanta MSA, one of the fastest‑growing and largest metro areas in the U.S.
    • Outparcel to a major retail development anchored by a high‑performing Walmart Supercenter (top 92% in state).
    • Oversized 1.49‑acre lot, providing strong intrinsic value.
    • Corporate tenant with a BB credit rating by S&P 500 and a corporate guarantee.
    • Located near the intersection of US Highway 19‑41 (47,500 VPD) and Highway 92 (13,300 VPD).

    Overview

    This new construction Valvoline property is located in Griffin, Georgia, a southern suburb within the Atlanta MSA. The property benefits from its location at the entrance to a development that includes Walmart, Marshalls, Regal Cinemas, Dollar Tree, Chick-fil-A, Wendy's, Zaxby's, Aspen Dental, Murphy Oil, Whataburger and IHOP. The development attracts 6.4 million annual visits. The Walmart has been expanded to 220,000 square feet. The Valvoline is operating under a new 15-year lease with rental increases every 5 years, and a passive NNN lease. The site is situated on a 1.49-acre parcel. Valvoline is experiencing growth, driven by its expanding quick-lube network, reporting 11% revenue growth to $462 million in Q1 2026 and 5.8% same-store sales growth. The company is expanding its footprint, adding 200 stores in the quarter and aiming for 330–360 new stores in fiscal 2026. The property is located near the intersection of US Highway 19-41 (47,500 VPD) and Highway 92 (13,300 VPD). Valvoline Instant Oil Change is the #1 Ranked Quick-lube Service Retailer in the U.S. and Canada and the Second-Largest Overall Provider of Oil Changes in the U.S. The lease includes a corporate guarantee.
    Location Intelligence

    Current Use by Public Records

    Northgate Shopping Center Shopping Center & Mall

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Griffin Discount Tires — 1337 Experiment St, Griffin, GA 30223
    • Ast Automotive — 1344 Experiment St, Griffin, GA 30223
    • Noel auto repair finance — 1337 Experiment St, Griffin, GA 30224
    • Christian's Discount Tires — 1344 Experiment St, Griffin, GA 30223
    • 5 Star Tire & Auto Griffin — 1403A N Expy, Griffin, GA 30223

    Location Insight

    • Map
    • Local Demand
    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.291917
    Latitude
    33.27427

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    FAQs

    What type of property is this?
    Auto shop - New construction Valvoline in Atlanta MSA with 15-year lease.
    Where is this auto shop located?
    The property is located at 1512 W McIntosh Rd Griffin, GA.
    What is the asking price?
    The asking price for this property is $2,095,000.
    What are key features of this property?
    This property features: New construction Valvoline corporate ground lease with a 15‑year term and attractive rental increases every 5 years.; Located in the Atlanta MSA, one of the fastest‑growing and largest metro areas in the U.S.; Outparcel to a major retail development anchored by a high‑performing Walmart Supercenter (top 92% in state).
    (404) 832-1251
    We can help!
    Listing Contact
    Bryan Belk
    Real Estate License ID: GA (Broker of Record) #329335
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    1512 W. McIntosh Rd, Griffin, GA 30223
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