Views: 0 DOM: 39 Updated: 11.24.23 Posted: 11.02.23 Status: Active


Price $1,985,000
Built/Renov 2004/2021
Tenant Valvoline
Cap Rate 5.50%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 1
Lease Start 05-01-2021
#Units 1,715
Price/SF $2,281,609.20
Expiration 04-30-2036
Tenant Type Automotive
NOI $109,200
R. Term 12.4
Ownership Fee Simple
Rent/SF $125,517.24
Increases 10.0%/3/yrs
Pop 5Mi 283,155
Lot/AC 1.00
Options 3/5yrs/10%
AHHI 5Mi $135,236

Lease Highlights

  • Valvoline has 12+ years remaining on the current lease term with 3 (5-year) options to extend
  • Lease features 10% rental increase every 5 years throughout the initial term and each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by Valvoline Inc. (NYSE: VVV)

Location Description

The subject property is strategically located on Main Street/Denton Highway (33,870 VPD), the main north/south thoroughfare in the city and connects Keller to Fort Worth. Furthermore, it is just moments from the signalized intersection at Kroger Drive, which sees an additional 18,000 vehicles passing by daily. The site benefits from being surrounded by many national retailers, including The...



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  • Tenant: Valvoline
  • Guarantor:Corp T and Rated
  • Company:Valvoline Inc.
  • # Units:1,715
  • Tenant S&P: BB
  • Moody’s: Ba2
  • Stock:NYSE: VVV

About Tenant

Valvoline Inc. is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Valvoline was established in 1866 in...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 7,908 121,531 289,441
2023 Total Population : 8,086 121,732 285,701
2023 Employed Civilian Pop : 4,812 63,804 151,297
2023 Total Businesses : 468 3,116 7,223
2023 Average Household Income : $ 164,869 $ 147,217 $ 137,461
2023 Total Consumer Spending : $ 348 M $ 5046 M $ 11497 M
2023 Median Age : 36 35 36
2023 Total Households : 2,519 40,479 98,028
2023 Pop Age 25+: Bachelor's Degree : 2,093 27,963 62,408
2023 Average Home Value : $ 379,607 $ 358,163 $ 368,406
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
S Main St Wall Price Keller Rd 2012 40,515 0.10 mi
Wall Price Keller Rd Chisolm Trl 2009 6,240 0.11 mi
Wall Price Keller Rd Whitley Rd 2009 4,600 0.16 mi
Whitley Rd Foxford Dr 2012 8,773 0.23 mi
Kroger Dr PkVista Cir 2012 18,382 0.32 mi
S Main St Wall Price Keller Rd 2004 30,000 0.32 mi
Whitley Rd Rapp Rd 2012 6,025 0.32 mi
Rapp Rd Dublin Dr 2012 7,155 0.35 mi
S Main St Kroger Dr 2012 40,144 0.40 mi
Rapp Rd Chase Oaks Dr 2009 6,230 0.66 mi

Listing Broker

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