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Valvoline Auto Service Property
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4100 Crill Avenue, Palatka, FL 32177

Corporate-guaranteed absolute NNN lease with no landlord obligations, including roof and structural responsibilities.

Property SizeContact for details
Days on Market5

Property Features for 4100 Crill Avenue

General Information

Standard status Active
Class A
Property subtype Retail
Occupancy 100%
Lease Type Absolute NNN
Investment Type Net Lease
Net Operating Income $122,800

Additional Details

Road Access Yes

Building Details

Year Renovated 2023
Buildings 1
Units 1
Tenancy Single
Listing Agency: Newmark - Atlanta - 3455 Peachtree Road
Listed By: Mark Joines · License #GA 321958
Source: Crexi
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 9 at 7:48AM

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 Newmark - Atlanta - 3455 Peachtree Road

Investment Insights

Based on property information with market context.

This automotive service property is occupied by Valvoline Instant Oil Change under an absolute NNN lease. The current facility was fully converted to the Valvoline prototype in 2023, and the lease carries a corporate guarantee. The landlord has no operating, roof, or structural responsibilities under the lease structure.

The initial lease term began in 2023 and has approximately 13.0 years remaining, with no termination option. Contractual rent increases of 10% occur every five years during the base term, followed by two five-year renewal options. The lease excludes percentage rent and co-tenancy provisions.

The property is located at 4100 Crill Avenue (SR-20) in Palatka, at the SR-19 commercial node and within the Walmart Supercenter and Winn-Dixie retail concentration serving Putnam County. It is identified as the only Valvoline Instant Oil Change in the trade area, with projected population growth of 2.35% within one mile over the next five years.

Key Highlights

  • Valvoline Instant Oil Change occupant at 4100 Crill Avenue, Palatka, FL 32177
  • Absolute NNN lease with no landlord roof or structural obligations
  • Approximately 13.0 years remain in the primary lease term

Property Analytics

Current Use

DuraMAX Premium Lube ... Auto Repair Shop Valvoline Instant Oil ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage Gym & Fitness Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

707
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32177, FL

25,380
Population
11,549
Households
2.2
Avg Household Size
42
Median Age
13%
College-Educated
86%
High-School Grad
226.8 sq mi
ZIP Area
112
Density / Sq Mi
$47,486
Median Household Income
$35,451
Median Earnings
$940
Median Rent
$158,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Take 5 Oil Change 934 S State Rd 19, Palatka, FL 32177
  • Cooper Tires 841 S Moody Rd, Palatka, FL 32177
  • Walmart Auto Care Centers 1024 S State Rd 19, Palatka, FL 32177
  • Eugene & Sons Tire & Auto 4102 Crill Ave, Palatka, FL 32177
  • Dunlop Tires 841 S Moody Rd, Palatka, FL 32177

Frequently Asked Questions

What type of property is this?
Auto shop - Corporate-guaranteed absolute NNN lease with no landlord obligations, including roof and structural responsibilities.
Where is this auto shop located?
The property is located at 4100 Crill Avenue Palatka, FL.
What is the asking price?
The asking price for this property is $2,046,700.
What are key features of this property?
This property features: Valvoline Instant Oil Change occupant at 4100 Crill Avenue, Palatka, FL 32177; Absolute NNN lease with no landlord roof or structural obligations; Approximately 13.0 years remain in the primary lease term
More about this property
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