Valvoline – Cincinnati, OH

Valvoline
6650 Hamilton Ave, Cincinnati, OH 45224, USA

We are pleased to exclusively offer for sale the 1,200 SF Valvoline Absolute NNN Asset located at 6650 Hamilton Avenue in Cincinnati, Ohio. The property features a nationally recognized, service-oriented tenant with a long operating history and an Absolute Triple Net (NNN) Lease structure, providing truly passive, zero landlord-responsibility ownership. Additionally, the investment qualifies for 100% bonus depreciation, allowing investors to accelerate tax benefits.

  • Bonus Depreciation: This deal is eligible for 100% bonus depreciation, allowing investors to accelerate tax benefits.
  • Corporate Credit: The lease has a corporate guarantee by Valvoline LLC, the second-largest oil change service provider in the United States, with a $4.1 billion market capitalization and over 2,000 locations.
  • Low Rent: This Valvoline has a lower rent than other Valvolines, making it an accessible, lower price point offering.
  • Absolute Triple Net (NNN) Lease: No landlord responsibilities.
  • Rental Increase: In 2027, there will be an increase in base rental income, raising the cap rate to 6.00%.
  • Lease Term: There are ~6 years remaining on the lease with three five-year options to extend.
  • Operational History: Valvoline has 34 years of operational history at the site.
  • Location: Positioned on Hamilton Avenue (38,000 VPD), less than a mile from Ronald Reagan Highway, a major East and West throughfare that sees 58,000 VPD.
  • Nearby Retailers: Walgreens, Dunkin’, AutoZone, Kroger, and McDonald’s.
  • Optimal Visibility: New Pylon Signage on Hamilton Avenue that was installed in 2025.

 

In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker – Lic. #REC.2020005946 BoR: Scott Reid – Lic. OH #BRKP.2020001224

Valvoline
6650 Hamilton Ave, Cincinnati, OH 45224, USA

Valvoline

Valvoline Inc. (NYSE: VVV) is the quick, easy, trusted leader in automotive preventive maintenance. Valvoline Inc. is creating shareholder value by driving the full potential in our core business, accelerating network growth, and innovating to meet the needs of customers and the evolving car parc. With more than 2,000 service centers throughout North America, Valvoline Inc. and the Company’s franchise partners keep customers moving with our 4.6 out of 5-star* rated service that includes 15-minute stay-in-your-car oil changes; battery, bulb, and wiper replacements; tire rotations; and other manufacturer-recommended maintenance services. In fiscal year 2023, Valvoline’s network delivered approximately 27 million services to generate $1.4 billion in revenue from $2.8 billion in system-wide store sales, marking 17 years of consecutive system-wide same-store sales growth. At Valvoline Inc., it all starts with our people, including our more than 10,000 team members and strong, long-standing franchise partners. We are proud to be a ten-time winner of the BEST Award for training excellence and a top-rated franchisor in our category by Entrepreneur and Franchise Times.

Price

$759,000

Cap Rate

5.65%

PREMISES

1,200 SF

YEAR BUILT

1991

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

05/31/2032

Lease Type

Absolute NNN

RENTAL INCREASES

6% Increase in 2027

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