New Corporate Valvoline | Part of Massive Development
Adjacent to New H-E-B-anchored Center | 15-Yr Ground Lease
Marketing 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.
Investment highlights
- Brand new 15-year ground lease with four (4) additional 5-year renewal options, demonstrating long-term tenant commitment to the site
- Scheduled 10% rental increases every 5 years throughout the base term and option periods provide steady NOI growth and an attractive inflation hedge
- Lease is corporately signed by Valvoline LLC, a leading automotive services platform with approximately 2,100+ locations across the United States and Canada
- Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
- No landlord responsibilities
- Ideal, management-free investment for an out-of-state, passive investor
- The Market at The Groves is part of the 1,000-acre master planned community that will eventually encompass 2,200 single-family homes and 550+ apartments
- The subject property is positioned as an outparcel to The Market at The Groves, a premier H-E-B anchored retail development in the Humble / Atascocita trade area
- Strong surrounding co-tenancy includes H-E-B, Dunkin', Whataburger, Chase Bank, PNC Bank, Chipotle, Dave's Hot Chicken, Pacific Dental, Mavis Tires, and more
- H-E-B draws consistent daily traffic to the center, creating strong crossover shopping and visibility for the Valvoline pad
- Located near the hard-corner intersection of Madera Run Parkway and Woodland Hills Drive with direct access from Woodland Hills Drive
- Woodland Hills Drive sees approximately 14,880 VPD, with nearby Sam Houston Tollway / State Highway 8 seeing approximately 117,700 VPD and Interstate 69 seeing approximately 198,400 VPD
- Located near George Bush Intercontinental Airport, one of Houston's major economic and transportation hubs, which served over 48 million pepole in 2025
- The property is positioned within a dense retail and residential corridor surrounded by 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
- More than 180,900 residents support the 5-mile trade area
- Average household income exceeds $130,000 within 5 miles
- Strong daytime population is supported by approximately 45,600 employees within the 5-mile trade area
- About 3 miles from Generation Park development, which recently received a $6.5B investment from Eli Lily to develop a pharmaceutical manufacturing facility
- The site resides about 10 miles from IAH Airport, which sees 447,000 flights annually
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
