Log In/Sign Up
10464 Highway 242
Conroe, TX 77385
Valvoline Ground Lease | Conroe · Retail Property For Sale
Investment Highlights
- Long-term lease to Valvoline (NYSE: “VVV” – $2.98B in revenue – 1,400+ locations)
- Absolute NNN ground lease requires no landlord management, ideal for passive investors
- 2020 construction featuring three service bays and latest Valvoline store design & concepts
- Lease guaranteed by Valvoline, Inc.
- Scheduled rental increases, providing a hedge against inflation
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,172 SF
Building Class
C
Year Built
2025
Tenancy
Single
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.05
Lot Size
1.00 AC
Parking
15 Spaces (6.91 Spaces per 1,000 SF Leased)
Frontage
172’ on Texas 242
Amenities
- Security System
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,267,313 | |
| Land Assessment | $1,554,224 | Total Assessment | $3,821,537 |
Property Taxes
Parcel Numbers
Land Assessment
$1,554,224
Improvements Assessment
$2,267,313
Total Assessment
$3,821,537
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
