Wentzville, MO - Valvoline

Description:

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, corporate guaranteed (NYSE: VVV), Valvoline investment property located in Wentzville, Missouri (St. Louis MSA). The tenant, Valvoline, LLC, has 6-years remaining on its lease with 4 (5-year) options to extend. The lease features 7.5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The next increase will occur in September 2026. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The site has served as an oil change location since 1999 and the current tenant boasts a healthy rent to sales ratio (contact broker for details).

The asset has excellent visibility and access at the signalized, hard corner intersection of E. Pearce Boulevard and Luetkenhaus Boulevard (combined 14,000 VPD). The property benefits from centralized location to U.S. Highway 61 (53,000 VPD) and Interstate 70 (83,000 VPD), a pair of heavily trafficked highways utilized by commuters throughout the Midwest, specifically to downtown St. Louis. The city represents the largest metropolitan area in the state with over 2.8 million residents. Wentzville is an affluent suburb of St. Louis and the fastest growing city in the state with a population growth of 28.9% between 2010 and 2024 within 15-minutes of the site. The immediate area is supported by a large logistics and distribution hub featuring national industrial tenants including the Norfolk Southern Automotive Distribution facility (the largest originator of auto shipments in North America), Wentzville Assembly, Spartan Transportation, Masterack, the Wentzville Logistic Center (1.23 million SF), and the General Motors automobile assembly facility (4.25 million SF and 4,100 employees). The surrounding 5-mile trade area is comprised of over 84,600 residents and 27,600 employees with an affluent average household income of $139,900.