1609 Ooltewah Ringgold Rd, Ooltewah, TN
New 15-year Valvoline lease with options and rent escalations.
- Added:
- Apr 11, 2025
- Days on Market:
- 431
- Last Refresh:
- May 20 at 8:20 pm
Property Features for 1609 Ooltewah Ringgold Rd
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 1.46 Acres
- Property subtype
- RETAIL
Listing agent Andrew Fallon (202) 286-1542
Listing office SRS Real Estate Partners | McLean (202) 286-1542
Listing date Apr 11, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | McLean
HighLights
- Brand new 15‑year ground lease with 4 (5‑year) options to extend.
- Tenant pays CAM, taxes, insurance, and maintains all aspects of the premises (no landlord responsibilities).
- Lease includes 10% rental increases every 5 years, hedging against inflation.
- Ideal, management‑free investment for a passive investor.
- Valvoline's network generated $1.4 billion in revenue in fiscal year 2023.
- Valvoline has 17 years of consecutive system‑wide same‑store sales growth.
Overview
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ooltewah
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.096
- Latitude
- 34.9972