Valvoline Absolute NNN Ground
3045 Pepperell Pkwy Opelika, AL 36801
For Sale
Contact for pricing
Newly constructed NNN ground lease property leased to Valvoline under an absolute, zero-landlord-responsibility structure.
Property Size2,089 SF
Price / SF$622.31
Days on Market116
Property Features for 3045 Pepperell Pkwy
General Information
- Standard status
- Active
- Size
- 2,089 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2024
Listing Agency:
SRS Real Estate Partners Tampa
(404) 231-2232
Listed By:
Patrick Nutt · License #BK3120739
Source:
Crexi
Added: Mar 31
Changed: Jul 23
Last Checked: Jul 23 at 4:44PM
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 Tampa
Investment Insights
Based on property information with market context.
A newly constructed Valvoline ground lease property in the Gateway Commons development in Opelika, Alabama. The asset is offered as an absolute NNN ground lease, with zero landlord responsibilities, and includes a 2,089 SF rentable building area situated on 0.84 acres.
The lease is structured for 15 years with four extension options, and includes scheduled rent increases every five years. Valvoline, LLC operates the property under the lease.
As presented in the offering materials, the net operating income is $65,000, with a stated 5.00% cap rate.
The lease is structured for 15 years with four extension options, and includes scheduled rent increases every five years. Valvoline, LLC operates the property under the lease.
As presented in the offering materials, the net operating income is $65,000, with a stated 5.00% cap rate.
Key Highlights
- Newly constructed 2024 building leased to Valvoline, LLC under a corporate ground lease
- 15‑year lease term with 4 options to extend
- Scheduled rent increases every 5 years
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
FAQs
What type of property is this?
NNN property - Newly constructed NNN ground lease property leased to Valvoline under an absolute, zero-landlord-responsibility structure.
Where is this nnn property located?
The property is located at 3045 Pepperell Pkwy Opelika, AL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Newly constructed 2024 building leased to Valvoline, LLC under a corporate ground lease; 15‑year lease term with 4 options to extend; Scheduled rent increases every 5 years
