Humble, TX - Valvoline

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Valvoline investment property located in Humble, Texas. The tenant, Valvoline LLC recently signed a brand new 15 year lease with 4 (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 beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

The Valvoline is located near the signalized, hard corner intersection of Madera Run Parkway and Woodland Hills Drive, with Woodland Hills Drive seeing approximately 14,880 vehicles per day. The asset is also in close proximity to Sam Houston Tollway / State Highway 8 and Interstate 69, which see approximately 117,700 VPD and 198,400 VPD, respectively, providing strong regional access throughout the Houston MSA. Valvoline is positioned as an outparcel to The Market at The Groves, a premier H-E-B anchored development featuring national/credit tenants including Dunkin’, Whataburger, Chase Bank, PNC Bank, Chipotle, Dave’s Hot Chicken, Pacific Dental, Mavis Tires & Brakes, and more. The property is in the center of a growing retail and residential corridor with other nearby national/credit tenants including Walmart, Kroger, Target, Lowe’s, Kohl’s, Petco, Ross, Dick’s Sporting Goods, Home Depot, Marshalls, Burlington, Five Below, Michaels, Chick-fil-A, McDonald’s, Dutch Bros, AutoZone, Quick Quack Car Wash, and Jiffy Lube, further increasing consumer traffic to the site. The subject property is also located near George Bush Intercontinental Airport, which served over 48 million passengers in 2025, providing an additional regional demand driver. The 5-mile trade area is supported by a population of over 180,900 residents with an average household income exceeding $130,000.

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