Mid-America Real Estate Corporation’s Investment Sales Group recently facilitated the sale of a newly built, 5,824-square-foot Valvoline service center located in Oakdale, Minnesota, within the Minneapolis MSA. The property is shadow anchored by a top-performing Cub Foods grocery store and features an absolute net ground lease, eliminating any landlord responsibilities.

Valvoline, a leader in preventative vehicle maintenance, operates nearly 1,000 company-owned locations and has achieved 17 consecutive years of sales growth. In 2024 alone, the company added 158 new stores and plans to expand to over 3,500 locations. The Oakdale site offers outstanding visibility and accessibility along Interstate 694—bordering Bergen Plaza—which sees traffic volumes exceeding 74,900 vehicles per day.

George Ghattas, Senior Vice President, and Nick Kohlmann, Vice President of Mid America Real Estate Corporation, in collaboration with Amy Senn, Principal, and Bryce Thompson, Investment Associate of Mid-America Real Estate – Minnesota, LLC, served as the exclusive listing brokers representing Hempel Real Estate in the transaction. The property was acquired by a private buyer.

About Mid-America Real Estate

Mid-America Real Estate is #1 in retail real estate services in the Midwest, with full-service offices in Illinois, Michigan, Minnesota and Wisconsin. Our exclusive focus on retail property, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The total consideration value of leasing and investment sales transactions facilitated in 2024 was $2.28 billion. Mid-America leases and manages more than 50 million square feet of retail space and represents over 270 retailers and other tenants. For more information, visit www.midamericagrp.com.

Media Contact for More Information:

Olivia Palmer | [email protected]