Transcription of Valvoline - Capital Pacific
1 Valvoline John | (415) 274-2715 CA BRE# 01440360rick | (415) 274-2709 CA BRE# 01792433 BoB | (415) 274-2717 CA BRE# 00869657 For more info on this opportunity please contact: Capital Pacific collaborates. Click here to meet the rest of our San Francisco NNNvalvoline15616 McMullen highway, cumberland, Md 21502chriS | (415) 274-2701 CA BRE# 01002010 RepResentative photoInvestment Highlights15-YEAR ABSOLUTE NNN Valvoline LOCATED ON MAIN THOROUGHFARE IN CUMBERLAND, MARYLANDThe subject property is a freestanding absolute NNN lease with no landlord responsibilities and 2% annual rental increases. rentABLe SF .. 2,760 SF LAnd AreA.
2 Acres LeASe tYPe ..NNNYeAr BUiLt ..1996/2014 PRICE: $2,121,600 CAP: concePt, ProFitABiLitY, And ABoVe AVerAGe SALeSIncreasing unit volume sales Valvoline s national sales average is $756,000. The subject property consistently reports over $1M in sales, which is 25% above the national averageVery experienced tenant who was the territory manager and trainer of managers for multiple states for Valvoline corporateOver $150,000 in recent upgradesLease has 2 personal guaranties equating to an approximately $10 M net worthValvoline is the #2 quick lube brand in the United States as well as the #2 Brand Motor Oil in the USSubject property has been operating as the same use for over 15 years (there is a clean Phase I)
3 , proving this to be a seasoned go to location for the community of over 20,000 residents LeASe hiGhLiGhtS15-year absolute net lease2% annual rental increasesFour 5-year options with 2% rental increasesZero landlord responsibilitiesValVoline | 2national highwaynational highway SwMt . Savage road nwwinchester road SwMcMullen highway Sw686868365153 ALt40 ALt40220220220220404040 MARYLANDWEST VIRGINIAMARYLANDWEST VIRGINIAWEST VIRGINIAMARYLANDWEST VIRGINIAMARYLANDMARYLANDWEST VIRGINIAMARYLANDWEST VIRGINIA cumberLAnDcountrY cLubBraddockMiddle SchoolBishop walsh SchoolwashingtonMiddle SchoolFort hillhigh Schoolcenter for career and technology educationcoUntrY cLUB MALLbALtImore68 Subject property has been operating as the same use for over 15 years (there is a clean Phase I)
4 , proving this to be a seasoned go to location for the community of over 20,000 residents17,450 DAILYValVoline | 3 Subject PropertySITUATEd ON MAIN ThOROUghFAREValVoline | 4 This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any & ExpensepRiCe $2,121,600 Price Per Square Foot:$ Size (SF):2,760 Lot Size (Acres) Built/Renovated:1996/2014staBiLiZeD inCoMeper square FootRent$ $159,120 Lessper square FootTaxesNNN$ InsuranceNNN$ Total Operating Expenses$ eQUaLs net opeRatinG inCoMe$159,120 sURRoUnDinG RetaiLValVoline | 5 This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information.
5 Buyer must verify the information and bears all risk for any RolltenAnt inFoLeASe terMSrent SUMMArYtenant namesq. RentMonthly RentMonthly Rent/FtYearly Rent/FtValvoline2,7601$156,000$13,000$ $ Rent2$159,120$13,260$ $ $162,302$13,525$ $ $165,548$13,796$ $ $168,859$14,072$ $ $172,237$14,353$ $ $175,681$14,640$ $ $179,195$14,933$ $ $182,779$15,232$ $ $186,434$15,536$ $ $190,163$15,847$ $ $193,966$16,164$ $ $197,846$16,487$ $ $201,803$16,817$ $ $205,839$17,153$ $ 12029-20342% Annual Increaseoption 22034-20392% Annual Increaseoption 32039-20442% Annual Increaseoption 42044-20492% Annual IncreaseCurrent totals:2,760$156,000$13,000$ $ | 6 ABOUT VALVOLINEV alvoline, a brand of Ashland Inc.
6 (NYSE: ASh), has been serving American motorists longer than any other and is the second-largest quick-lube chain in the United States with over 900 stores nationwide and growing. Valvoline instant Oil change was among 30 organizations from Bahrain, Canada, India, and the United States to receive a 2012 ASTd BEST Award. The BEST Award, the training industry s most rigorous and coveted award, recognizes organizations that demonstrate enterprise-wide success through employee learning and development. Ashland Inc. is a publicly traded company and a global leader in specialty chemical solutions for consumer and industrial markets.
7 The company did $ billion in sales in 2013 and an EBITdA of $310 FRANChISEEThe franchisee has over 10 years experience in the oil business and was previously the territory manager for Valvoline corporate for multiple states and was responsible for the training of new and existing franchisees. There are two separate personal guarantees with an approximate $10M net oF eMPLoYeeS 100,0002014 reVenUe $3 BILLIONnUMBer oF LocAtionS 4,077 Valvoline instant Oil ChangeSECONd-LARgEST qUICk-LUBE ChAIN wITh OVER 900 RETAIL LOCATIONS NATIONwIdEValVoline | 7 Area BusinessesValVoline | 8 Washington2hour 28 Minutes135 MilesRegional MapCumberlandMD LocationVALVoLIneCumberlandPittsburgh2ho ur 9 Minutes109 MilesTRAFFIC COUNTS IN ExCESS OF 17,450 VPd ON MCMULLEN hwYVALVOLINEValVoline | 9cUMBerLAnd, Md oVerViewCumberland is a western gateway city and seat of Allegany County, Maryland.
8 At the 2010 census, the city had a population of 20,859, and metropolitan area had a population of 103,299. Cumberland is a regional business and commercial center for western Maryland and Potomac highlands of west Virginia. historically, Cumberland served as a historical outfitting and staging point for westward emigrant trail migration after the American Revolution. Today, Cumberland is an industrial center, served by major roads, a canal connected to washington, dC, and s major industries include health care, government, social services, accommodation and food services, education, finance and insurance, and manufacturing.
9 Sales and office occupations comprise approximately 27% of the labor force. Management and professional services comprise about 23% of the workforce. About 18% of the jobs are provided by the HouseHoLD Incomes1-Mile3-Mile5-Mile20102,55410,269 21,80920142,56610,28921,87920192,55010,2 4121,8151-Mile3-Mile5-MileAverage$58,875 $56,977$57,133 Median$46,599$43,784$44,134 PoPuLAtIonEmployer # of Employees*western Maryland health System 2,200 Allegany Country Board of Education 1239 CSx Transportation 900 Allegany College of Md 800*ApproximatetoP emPLoYers In cumberLAnDLocation & DemosValVoline | 10A unique HUMANRESULTS-DRIVEN client experiencethe Capital Pacific exPerience - oUr dAiLY coMMitMent to oUr cLientS[ www.]
10 CapitalPacific .com ]John | (415) 274-2715 CA BRE# 01440360chriS | (415) 274-2701 CA BRE# 01002010 Copyright 2015 [ Capital Pacific Real estate Brokerage Company]rick | (415) 274-2709 CA BRE# 01792433 BoB | (415) 274-2717 CA BRE# 00869657