For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    New Valvoline Lease Investment Opportunity Title is generated by Realmo AI

    1609 Ooltewah Ringgold Rd, Ooltewah, TN

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    New 15-year Valvoline lease with options and rent escalations.

    Type:RETAIL
    Property size:
    2,000 SF
    Lot size:
    1.46 Acres
    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

    We can help!

    Listing Contact
    Andrew Fallon
    Andrew Fallon

    Listing agent Andrew Fallon

    Listing office SRS Real Estate Partners | McLean

    Listing date Apr 11, 2025

    Source Moodyscre

    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 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

    This property is an automotive shop with a new 15-year lease. The tenant, Valvoline, recently signed the lease, which includes four 5-year options to extend, demonstrating a commitment to the location. The lease structure is a ground lease, positioning it as a management-free investment. The lease features 10% rent increases every 5 years during the initial term and at the beginning of each option period. The tenant is responsible for CAM, taxes, insurance, and all maintenance of the premises, leaving no landlord responsibilities. In fiscal year 2023, Valvoline's network provided approximately 27 million services, generating $1.4 billion in revenue from $2.8 billion in system-wide store sales, marking 17 years of consecutive system-wide same-store sales growth. The property is located in Ooltewah, TN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Pharmacy Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Ooltewah
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.096
    Latitude
    34.9972

    FAQs

    What type of property is this?
    Auto shop - New 15-year Valvoline lease with options and rent escalations.
    Where is this auto shop located?
    The property is located at 1609 Ooltewah Ringgold Rd Ooltewah, TN.
    What are key features of this property?
    This property features: 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.
    (202) 286-1542 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message