Valvoline at Kyle Crossing II Shopping Center - Kyle, TX | New 15-year Ground Lease | FOR SALE

5100 Fm 1626, Kyle, TX

$2,000,000

Price

5%

Cap Rate

$100,000

NOI

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Street
Map
Overview
Cap Rate
5%
NOI
$100,000
Lot Area
0.92 acres
Lease Type
Absolute Net
Year Built
2023 (Under Construction)
Highlights
  • Absolute Net Ground Lease to Valvoline LLC, a Delaware Limited Liability Company, Guaranty by Valvoline, Inc.
  • STNL Asset -- No Landlord Responsibilities
  • Brand New Construction
  • Rent Commencement: July 26, 2023
  • Situated within Kyle’s major retail hub, IH-35 & FM 1626/Kyle Pkwy.
  • Major area retailers include: H-E-B Plus!, Walmart, Lowe’s, Target, Kohl’s, PetCo, Academy
  • Major traffic generators include: Ascension Seton Hays (173 beds & 575 employees), Austin Community College Hays (1,700 students), and Plum Creek
  • An Ideal Location: ƒ Pad with 110 feet of frontage on FM 1626 (Kyle Pkwy.)
  • One access point along FM 1626 (Kyle Pkwy.) and cross-access at Marketplace Ave. & Kyle Centre Dr. intersection through Kyle Crossing II
  • Shares intersection with Kyle Marketplace with 230K SF of retail and Kyle Crossing I with 445K SF of retail
  • Over 34,372 vehicles per day on FM 1626 (Kyle Pkwy.)
Documents
Title
Offering Memorandum
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Location
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