•	Valvoline Corporate guaranteed lease
•	The tenant, Valvoline, recently signed a 15-year ground lease with 3 (5-Year) options to extend, demonstrating their commitment to the site
•	The lease features 10% rental increases every 5-years throughout the initial term and at the beggining of each option period

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•	The subject property is located directly across from Hermitage Crossing, a 75,000+ square foot shopping center anchored by Walmart and features other national/credit tenants, including PetCo, Game Stop, and Sports Clips
•	Less than two miles from Hermitage Towne Plaza, a 100,000+ square foot shopping center anchored by Giant Eagle Supermarket and features other national/credit tenants, including Big Lots, Pet Supplies, Dunham Sports, and more
•	Strong tenant synergy promotes crossover shopping to the subject property
•	More than 45,232 residents and 23,407 employees support the trade area
•	$77,948 average household income

Hermitage, PA - Valvoline

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<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

Ivy Kwon

Senior Marketing Associate

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Hermitage, PA - Valvoline

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Andrew Fallon