Valvoline (20-Year Corporate Ground Lease)

Valvoline (20-Year Corporate Ground Lease)

Noblesville, IN

Noblesville, IN

Valvoline (20-Year Corporate Ground Lease)

Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Valvoline in Noblesville, IN. The property consists of a 2,100-square-foot, freestanding building that sits on approximately 0.97 acres of land. There are 20 years remaining on the lease with 10% rental increases every 5 years.

Price $1,166,000
Cap Rate 5.15%
Building Size 2,100 sqft
Lot Size 0.97 acres
Year Built 2024
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Luke Sullivan

Associate
(972) 755-5198
Luke.Sullivan@marcusmillichap.com
License: TX 790739
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • 20-Year Corporate Ground Lease - Brand New 2025 Construction - 10 Percent Rental Escalations Every Five Years
  • Adjacent to Hamilton Town Center (690,000-SF Retail Development with 100+ Retailers) and a BJ’s Wholesale Club (Built 2022)
  • Surrounded by Major Developments, Including Saxony Village (450-Acre; Mixed-Use) and the Proposed Gateway Lakes Residential Community (1,100 Acres; 2026 Groundbreaking)
  • More Than 120,882 Residents – 51 Percent Increase Since 2010 Within a Five-Mile Radius
  • Corporate Guarantee from a Publicly Traded Company (Market Cap: $4B+)

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Luke Sullivan

Associate
(972) 755-5198
Luke.Sullivan@marcusmillichap.com
License: TX 790739
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