Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement I accept the confidentiality agreement

Key Facts

Year Built 2020
Building Area
Occupancy 100.0 %

Property Description

New 15-year corporate ground lease guaranteed by Valvoline Inc. (NYSE: VVV). Attractive 10% increases every 5 years and 12% increases in each option period. Currently under construction and low $90,000 ground rent on 0.64 acres.

Investment Highlights

Jones Lang LaSalle (“JLL”) Capital Markets, Net Lease is pleased to exclusively offer a premier net lease opportunity to acquire a rare single tenant Valvoline (the “Property”) on a new 15-year ground lease located at Bermuda Square in Chester, VA — the #1 state for business in 2019. Valvoline operates over 1,300 stores to achieve sales exceeding $2.4 billion.
Last Updated Date: 07 Aug 2020
Michael Brewster
Michael Brewster
Director, Capital Markets
License details
FL-SL3280018
Bradley Peterson
Brad Peterson
Senior Managing Director, Orlando Office Head
License details
FL-BK3162030 AL-000088844-0 GA-256948

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 07 Aug 2020

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.