Valvoline Ground Lease
For sale96 Bethlehem Springs Blvd, Bethlehem, GA 30620
Property type
Retail
Price
$2,190,000
CAP
5.25%
Building size
1,871 sf
Year built
2026
Occupancy
100%
APN
XX053-112E
Zoning code
C-3
Lot size
0.69 Acres
Sold/status
On Market
Garage spaces
11
Net Operating Income
$115,000
Property description
Franklin Street is pleased to present this new-construction Valvoline corporate groundlease in the Winder/Bethlehem retail corridor of Barrow County, Georgia. Locatedwithin the Atlanta MSA along the rapidly growing GA-316 corridor connecting metroAtlanta with Athens, the property benefits from strong regional accessibility andcontinued residential and commercial growth. Barrow County’s diverse economy issupported by education, manufacturing, distribution, healthcare, and automotiveemployers, including Barrow County Schools, Wayne-Sanderson Farms, Chico’s FAS,Akins Ford, Carvana, Price Industries, Republic Services, and Northeast GeorgiaMedical Center Barrow. The property is positioned near the GA-316 and Highway 81 retail node, one of thearea’s primary shopping destinations. Nearby Barrow Crossing is a 456,000-square-foot regional power center anchored by Target, Publix, and Belk, with additionalretailers including T.J. Maxx, HomeGoods, Old Navy, Michaels, PetSmart, Ulta Beauty,Five Below, and Bath & Body Works. The surrounding corridor also features HomeDepot, AMC Theatres, Chick-fil-A, LongHorn Steakhouse, McDonald’s, Wendy’s,Zaxby’s, Starbucks, and numerous other national retailers and restaurants. Valvoline recently opened under a new 15-year lease featuring attractive rentalincreases every five years and a completely passive NNN lease structure. Valvolinecontinues to demonstrate strong growth, reporting an 11% increase in revenue to$462 million and 5.8% system-wide same-store sales growth in the first quarter offiscal 2026. The company added 200 stores during the quarter, including 162locations acquired through the Breeze acquisition, further expanding one of thecountry’s leading preventive automotive-maintenance networks.
Property highlights
- New Construction Valvoline Ground Lease in the Atlanta MSA
- 15-Year Corporate-Guaranteed NNN Ground Lease
- 10% Rent Increases Every 5 Years
- Outparcel to New Kroger-Anchored Shopping Center
- Located Along Loganville Highway (GA-81) Near GA-316
- Corporate Tenant: BB Credit Rating by S&P
- Valvoline is the #1 Ranked Quick-Lube Service Retailer in the U.S.
- Corporate Guarantee With 2,380+ Locations Nationwide