Retail    

Valvoline Instant Oil Change (Ground Lease)

 Houston, TX

Asking Price

$2,200,000

Cap Rate

5.00%

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Construction

2023 Build-to-Suit

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LTR

14.5 Years

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Guarantor

Corporate

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Square Feet

1,980 SF

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Bustling Retail Corridor

7.4M Annual Visits

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Avg HHI

$110,000

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • 2nd Largest Quick Lube Chain | Corporate Lease 
  • Outparcel to Target & Home Depot | Bustling Retail Corridor (7.4M Annual Visits)
  • New Construction | 15-Year Lease
  • NNN Lease | 10% Rent Increases
  • Frontage on FM 1960 Rd (50K VPD) | 1 Mile from US Hwy 290 (175K VPD)
  • 288,847 Population | $110,773 Average HH Income
  • Income Tax-Free State

 

Exclusively Listed By

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com      918.794.9558

Jay Janecek

Property Commerce
  jjanecek@propertycommerce.com      832.804.8514
TX Lic. # #690584

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

Anne Perrault

Vice President
  aperrault@northmarq.com   

David Annett

Senior Associate
  dannett@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

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