Property Listings
Valvoline - Spokane
1850 N Division Street, Spokane, WA 99207
Kidder Mathews is pleased to present the opportunity to acquire a new construction Valvoline, strategically positioned in rapidly growing Spokane, WA. This opportunity features extremely strong real estate fundamentals with a 15-year ground lease featuring no landlord responsibilities located in the 2nd largest city in Washington State.
- 2025 Construction with 15-year absolute NNN ground lease with no landlord responsibilities
- Valvoline Corporate Guaranteed lease
- Spokane is the 2nd largest city in Washington State
- Valvoline has over 2,000 locations in the United States and Canada with plans to expand to 3,500 locations in North America
- 10% rental increases every 5 years throughout initial term and beginning of each option period
- Located on a signalized hard corner with over 40,000 VPD