Valvoline For Sale | 3305 Martin Luther King Jr. Blvd, New Bern

Price: $908,133
Price:  $908,133
Address: 3305 Martin Luther King Jr. Blvd, 28562, New Burn, NC, USA
Category: Sold/Leased
Status: Sold
Property type: Commercial
Lot size: 0 acre
Living area: 3,478 sq ft
Property Description:

The Valvoline Instant Oil Change business was created in 1986 with the purchase of Rapid Oil Change centers in upstate New York, the Minneapolis/St. Paul region and the Instant Oil Change and DipStick acquisitions in Lansing and Grand Rapids, Michigan. It’s now the second-largest quick-lube chain in the United States with 850 stores nationwide and growing. Other services include air-conditioning repair, tire-rotation, and battery service. Valvoline, a division of Ashland Inc., serves more than 100 countries worldwide and is a leading marketer, distributor and producer of quality branded automotive and industrial products and services. This Valvoline Instant Oil Change business is a franchisee owned by Ferguson Oil & Lube, LLC. It’s conveniently located along Highway 17 just outside of downtown New Bern (pop. 30,316). With a daily traffic count of 35,000 it sits along one of the busiest thoroughfares in the area.

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