20755-20845 Us-59 Hwy N
Humble, TX 77338
Valvoline · Land For Sale · 1.05 AC

Capital Pacific is pleased to present the opportunity to acquire Valvoline in Humble, Texas. The property is located in the heart of Humble's retail corridor and within a Super Target and Kohl’s anchored shopping center, with Costco located across the street. Currently under construction, this 15-year ground lease features 10% rental increases in every 5 years and is corporately guaranteed by Valvoline. The Valvoline site offers excellent access with the ability to stack numerous cars, and easy ingress and egress. The site is just off Interstate 69, which sees daily traffic counts of over 136,000 cars. The lease is an absolute NNN ground lease featuring zero landlord maintenance or expense responsibilities. The subject property is located in Humble, a booming Houston suburb located just 15 miles from downtown Houston. According to the Lake Houston Economic Development Partnership, the daytime population in Humble is close to 100,000 due to its draw as the primary retail center in the region. It’s home to the Deerbrook Mall, the only regional mall, and big box shopping such as Costco, Petsmart, Academy, Best Buy, Bed Bath & Beyond and many more; these retailers pull shoppers from a 25-mile radius.