Griffin Retail for Sale - Spalding County
Franklin Street is please to present this new construction Valvoline corporate ground lease in Griffin, Georgia, a southern suburb in the Atlanta MSA. Metro Atlanta is one of the fastest-growing and largest metro areas in the U.S., with the city of Atlanta also holding the world's busiest airport. Griffin boasts a diverse, manufacturing-driven economy located about 35 miles south of Atlanta, featuring major employers like Caterpillar, Bandag, Otsuka Chemical Co., Toppan USA, and Rinnai along with the Spalding Regional Hospital. The property is located at the entrance to a cohesive development that includes Walmart, Marshalls, Regal Cinemas, Dollar Tree, Chick-fil-A, Wendy's, Zaxby's, Aspen Dental, Murphy Oil, Whataburger, IHOP, among a long list of other tenants. Combined the development attracts 6.4 million annual visits to the site benefiting all retailers. The Walmart has been expanded to their largest prototype at 220,000 SF and ranks as a top location in the state and country. Valvoline recently opened under a new 15 year lease that offers attractive rental increases every 5 years, and a completely passive NNN lease. The site is on an oversized parcel (1.49 Acres) versus a typical Valvoline site of less than an acre, allowing for strong intrinsic value. Valvoline is experiencing strong growth, driven by its expanding quick-lube network, reporting 11% revenue growth to $462 million in Q1 2026 and 5.8% same-store sales growth. The company is aggressively expanding its footprint, adding 200 stores in the quarter largely via the Breeze acquisition—and aiming for 330–360 new stores in fiscal 2026.