Log In/Sign Up
Your email has been sent.
Valvoline 2811 W Raleigh Road Pky 2,182 SF Retail Building Wilson, NC 27896 $1,831,538 CAD ($839.38 CAD/SF) 5.50% Cap Rate
Investment Highlights
- STABLE LONG-TERM ABSOLUTE NNN LEASE
- DENSE RETAIL CORRIDOR — OVER 1.6MSF OF RETAIL WITHIN 1 MILE
- SECOND LARGEST VALVOLINE FRANCHISEE — STRONG CREDIT GUARANTY
Executive Summary
STABLE LONG-TERM ABSOLUTE NNN LEASE
- Absolute NNN lease — Zero Landlord Responsibilities
- 12-Year base term with three renewal options (1 x 3 Years and 2 x 5 Years) extending total potential term to 25 years
- 7.5% rental escalations every 5 years in both base term and option periods
- Lease commenced August 2025
SECOND LARGEST VALVOLINE FRANCHISEE — STRONG CREDIT GUARANTY
- Guaranteed by QAS Holdings, LLC — the second largest Valvoline franchisee in the United States with 200+ operating locations
- Demonstrates significant operational scale and financial strength
- Needs-based automotive service category provides recession-resilient cash flow
DENSE RETAIL CORRIDOR — OVER 1.6MSF OF RETAIL WITHIN 1 MILE
- Site is strategically positioned within a dense retail corridor featuring over 1.6 million square feet of retail space within one mile of the subject property
- Proven co-tenancy with national anchors driving consistent consumer traffic
- Raleigh Road Pkwy West is one of Wilson's primary commercial thoroughfares
STRONG TRAFFIC VOLUME
- 22,000 VPD of traffic along Forest Hills Road NW and 28,000 VPD on Raleigh Road Parkway ensure consistent customer visibility and accessibility
- High-frequency traffic pattern well-suited to Valvoline's quick-service oil change model
- Located 46 miles from Raleigh, NC — the region's primary MSA and employment hub with a major 1031 exchange buyer pool
NATIONAL AUTOMOTIVE MARKET STRENGTH
- The U.S. vehicle fleet reached a record 14.1-year average age in 2024, driving 30–40% higher maintenance spend on older vehicles
- Valvoline services 20M+ annual visits across 1,800+ locations
- The broader automotive aftermarket surpassed $460B in 2024 and is projected to exceed $560B by 2028
WILSON, NC TRADE AREA DEMOGRAPHICS
- Trade area population of 55,324 within 5 miles with average household income of $72,101
- 3-mile population of 37,968 with AHHI of $72,840
- Wilson is located 46 miles from Raleigh, NC, providing access to one of the fastest-growing metros in the Southeast
BONUS DEPRECIATION ELIGIBLE
- Valvoline's personal property classification allows investors to accelerate tax deductions and maximize early returns
- Absolute NNN lease — Zero Landlord Responsibilities
- 12-Year base term with three renewal options (1 x 3 Years and 2 x 5 Years) extending total potential term to 25 years
- 7.5% rental escalations every 5 years in both base term and option periods
- Lease commenced August 2025
SECOND LARGEST VALVOLINE FRANCHISEE — STRONG CREDIT GUARANTY
- Guaranteed by QAS Holdings, LLC — the second largest Valvoline franchisee in the United States with 200+ operating locations
- Demonstrates significant operational scale and financial strength
- Needs-based automotive service category provides recession-resilient cash flow
DENSE RETAIL CORRIDOR — OVER 1.6MSF OF RETAIL WITHIN 1 MILE
- Site is strategically positioned within a dense retail corridor featuring over 1.6 million square feet of retail space within one mile of the subject property
- Proven co-tenancy with national anchors driving consistent consumer traffic
- Raleigh Road Pkwy West is one of Wilson's primary commercial thoroughfares
STRONG TRAFFIC VOLUME
- 22,000 VPD of traffic along Forest Hills Road NW and 28,000 VPD on Raleigh Road Parkway ensure consistent customer visibility and accessibility
- High-frequency traffic pattern well-suited to Valvoline's quick-service oil change model
- Located 46 miles from Raleigh, NC — the region's primary MSA and employment hub with a major 1031 exchange buyer pool
NATIONAL AUTOMOTIVE MARKET STRENGTH
- The U.S. vehicle fleet reached a record 14.1-year average age in 2024, driving 30–40% higher maintenance spend on older vehicles
- Valvoline services 20M+ annual visits across 1,800+ locations
- The broader automotive aftermarket surpassed $460B in 2024 and is projected to exceed $560B by 2028
WILSON, NC TRADE AREA DEMOGRAPHICS
- Trade area population of 55,324 within 5 miles with average household income of $72,101
- 3-mile population of 37,968 with AHHI of $72,840
- Wilson is located 46 miles from Raleigh, NC, providing access to one of the fastest-growing metros in the Southeast
BONUS DEPRECIATION ELIGIBLE
- Valvoline's personal property classification allows investors to accelerate tax deductions and maximize early returns
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,182 SF
Building Class
B
Year Built
2009
Price
$1,831,538 CAD
Price Per SF
$839.38 CAD
Cap Rate
5.50%
NOI
$100,741 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.49 AC
Zoning
B6 - Business
Parking
12 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
90’ on Forest Hills Rd
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Services
- 2,182 SF
- -
- Triple Net
- Jul 2037
Valvoline Instant Oil Change entered the quick-lube business with a drive-through model focused on fast, convenient vehicle service. The company provides oil changes and automotive preventive maintenance through a stay-in-your-car format that includes an 18-point maintenance check. Its service menu covers items such as batteries, belts, air filters, fluid exchanges, tire rotation, windshield wipers, and lighting services. Valvoline Instant Oil Change has expanded into a nationwide network and remains part of Valvoline’s broader automotive services business, serving drivers and fleet customers through company-operated and franchised locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Services | 2,182 SF | - | Triple Net | Jul 2037 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3712-04-7531.000 | Improvements Assessment | $255,537 CAD |
| Land Assessment | $437,885 CAD | Total Assessment | $693,422 CAD |
Property Taxes
Parcel Number
3712-04-7531.000
Land Assessment
$437,885 CAD
Improvements Assessment
$255,537 CAD
Total Assessment
$693,422 CAD
Contacts
-
David Hoppe -
Eric Suffoletto -
Mike Lucier -
Ben Olmstead -
Ben McCarter -
Connor Kuchman -
Atlantic Capital Partners
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Valvoline | 2811 W Raleigh Road Pky
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.