Real Estate Manager

Valvoline Inc.•Nashville, TN

67d•Remote

About The Position

As the leader in automotive preventive maintenance, Valvoline has a proven track record of growth. We continue to invest in our people, processes, and technology to strengthen our ability to efficiently deliver Quick, Easy, Trusted service across all our stores - every day. We're not just in the car business; we're in the people business. And we're looking for humble, hungry, and smart people to help us shape the future of mobility. If you're hungry to drive change and seek a dynamic, collaborative environment that fuels both personal and professional growth, you've found your place with us. Our highest priority is creating a welcoming workplace with team members from a wide variety of diverse backgrounds and experiences. Valvoline is seeking a Retail Store Real Estate Manager to join our team. This role executes Valvoline Retail Service (VRS) North American store growth plans for its company operated Valvoline Instant Oil Change (VIOC) retail brand. Major responsibilities include: identification and prioritization of new sites, preparation of performance forecasts and project economics, negotiations, deal execution, and strategic management of store networks. Additionally, this role defines and maintains a geographically extensive broker and developer network that creates opportunity for the placement of VIOC stores. This remote role will be based in South Central US (preferably Nashville).

Requirements

Bachelor's Degree Business Admin., Real Estate or Finance
7-10 years related corporate experience
Proven experience in retail store site selection and deal making
Strong business and financial acumen
Must be authorized to work in the United States

Responsibilities

Researches new and existing submarkets through forecasting tools, broker networks, and market surveys and visits. Responds to unsolicited site submittals.
Creates proforma projections, drives the territory, tours with operations, and creates consensus support for the site.
Prepares project documents and recommends new store sites to the Real Estate committee
Prepares letters of intent for the approved project.
Works with legal counsel in support of lease and purchase contract negotiations
Proactively coordinates with the design and construction partners and internal team members.
Supports entitlement process and anticipates entitlement issues.
Tracks and meets performance goals and project targets
Maintains system data to enable accurate pipeline reporting
Participates in project reviews and special project reporting