Jefferson (New Orleans MSA) (Valvoline)
2601 Jefferson Hwy, Jefferson, Louisiana
The Jefferson Valvoline Instant Oil Change Building is a single-tenant, 2,534 sq.ft. commercial building located at 2601 Jefferson Highway in Jefferson (New Orleans MSA), Louisiana, located just 6 miles from downtown New Orleans.
The building is currently 100% leased to Valvoline Instant Oil Change, the second largest quick-lube chain in the United States and the third largest quick-lube change in Canada. Founded in 1986, the Valvoline quick-lube chain has grown steadily over the years. Valvoline Inc. sales increased 12% in fiscal year 2024, with system-wide same-store sales (SSS) growing 6.7%, highlighting 18 consecutive years of system-wide- sales growth. In fiscal year 2024, Valvoline added 158 net stores to the network, with over half coming from ground-up builds. The company expected to open 160 to 185 new stores in 2025. Valvoline Instant Oil Change is a division of Valvoline, Inc., (NYSE: VVV) one of the leading worldwide marketers and suppliers of automotive lubricants and supplies. The company’s products are sold in over 140 countries, and its motor oil is the third-highest selling car motor oil by volume.
The building has prime frontage on Jefferson Highway (U.S. Highway 90) a major thoroughfare with strong visibility and traffic counts (34,500 VPD). With a population of 334,000, and a daytime population of 397,425 within a 5-mile radius of the property, it is well positioned to take advantage of its larger 4-bay concept versus Valvoline’s standard 2-bay concept.
The property is within close proximity to major medical district of Ochsner Medical Center, Louisiana’s #1 ranked hospital for 14 consecutive years-U.S. News & World Report (2025-2026) and Ochsner Children’s Hospital, ranked among the “top 50 Children’s Hospitals in the U.S.” for 8 consecutive years-U.S. News & World Report.
Nearby tenants in the retail area include RaceTrac, Target, AMC, Lowe’s, Michael, Floor & Décor, Barnes & Noble, McDonalds, Popeye’s, Aldi, Shell, Wendy’s Sam’s Club, Elmwood Shopping Center, with TJ Maxx, Home Depot, Marshalls, Home Goods, World Market, Old Navy, Hobby Lobby, Best Buy, Petsmart and Ashley and Lakeside Shopping Center with JC Penny, Macy’s, Dillard’s and Dicks Sporting Goods.
The building was built in 2023.
The building sits on 0.41 acres zone C-2, General Commercial District.
The building is served by 6 asphalt parking spaces, including 1 ADA space, with one dedicated entrance off Labarre Place and exit onto Jefferson Highway.
Jefferson is part of the New Orleans MSA with a population in excess of 1 million. The property is just 6 miles from downtown New Orleans, whose driving economic force is tourism. The tourism and hospitality industry employs more than 80,000 people in the New Orleans area with 19+ million annual visitors and $10.4 billion in visitor spending in 2024. Known as “Old Jefferson” and a census-designated place (CDP) in Jefferson Parish, Jefferson is a compact, primarily residential community that is bordered to the north by Metairie, to the west by Elmwood, to the south, across the Mississippi River, by Bridge City, and New Orleans to the east. Healthcare, education, logistics, and retail activity serve as regional economic anchors in the larger Jefferson Parish ecosystem. Principal employers in the region are Ochsner Health Systems (11,402 employees), Jefferson Parish Public Schools (7,000), Superior Energy Services (4,400), Huntington Ingalls Industries (3,800), Jefferson Parish Government (3,671), ACME Truck Line (2,500) and East Jefferson General Hospital (2,310). New Orleans’ historic heart, the French Quarter, is known for is stunning French and Spanish colonial architecture, vibrant nightlife and rich cultural experiences such as world-class dining, live music and festivals. The French Quarter Festival has a $313million economic impact while its world-famous Mardi Gras has an $891million economic impact, generating 3.07% of the region’s GDP and $14million in tax revenue.
For more information, please contact
David Marks
Tower Investments, LLC
250 W. Main St., Suite 101
Woodland, CA 95695
(530) 668-1000 – telephone
(530) 666-5574 – facsimile
davidmarks@towerinv.com
www.towerinv.com
