www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33839031

6029 South Soncy Road, Amarillo, TX 79119

PD
CA 01750064
Fisher James Capital
LS
CA CA 01443387
Fisher James Capital
Listed by Fisher James Capital
$3,164,000
1 day on market
Updated 1 day ago

Valvoline

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 2,600
Units 7
Cap Rate 5.5%
NOI $174,000
Occupancy 100%
Tenancy Single
Brand/Tenant Valvoline
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 06/30/2046
Remaining Term 20
Rent Bumps Yes
Lease Options Four (4) five-year options
Broker Co-Op True
Year Built 2025
Buildings 1
Stories 2
Acreage 0.570
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/2026
Ground Lease No

New 20-Year Absolute NNN Lease Guaranteed by Valvoline Inc. | 2025 Construction

Marketing description

New 20-year absolute NNN lease guaranteed by Valvoline Inc. with scheduled rent increases and no landlord responsibilities. The property features new 2025 construction in a growing, car-dependent region surrounded by significant ongoing commercial and residential development. The property is prominently situated within the booming South Soncy retail corridor with convenient access along high-traffic S Soncy Road with prominent signage. Surrounding retailers include Starbucks, Hyundai, Wendy's, Sonic, Valero, Cinergy Theater, Natural Grocers, as well as the new Town Center mixed-use development. The area is supported by favorable, growing demographics with over 100,000 residents within 5 miles and an annual population growth rate of 1.50% within 3 miles.

This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

Investment highlights

  • New 20-Year Corporate Absolute NNN Lease Guaranteed by Valvoline Inc. (NYSE: VVV)
  • 10% Rent Increases & No Landlord Responsibilities
  • Brand New 2025 Construction with Two Drive-Thru lanes
  • Prominent Location within Booming South Soncy Retail Corridor in Car-Dependent Region
  • Annual Population Growth Rate of 1.50% within a 3-Mile Radius
  • Adjacent to New Town Center Mixed-Use Development

Listing Contacts

PD
CA 01750064
Fisher James Capital
LS
CA CA 01443387
Fisher James Capital
Listed by Fisher James Capital

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$174,000.00
$14,500.00/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

Map

Zoning

Intelligence Badge
GR CommercialRetail CommercialGeneral Retail
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 231 uses
View all 231 uses
Last updated Apr 13, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591