Log In/Sign Up
Your email has been sent.
VALVOLINE INSTANT OIL CHANGE | 15 YR ABS. NET 828 Meyer St 1,713 SF Retail Building Sealy, TX 77474 $2,066,400 CAD ($1,206.30 CAD/SF) 6% Cap Rate
Investment Highlights
- 15 Year Corporate Absolute Net Lease (Zero Landlord Responsibilities) featuring 10% Rental Increases Every 5 Years throughout the Initial Term.
- Backed By a Publicly Traded Industry Leader - Valvoline Instant Oil Change Operates Under Valvoline Inc. (NYSE: VVV), Reporting Approximately $1.86B.
- Minutes from an Established Automotive Cluster along I-10 Frontage Road, including Chrysler Dodge Jeep Ram, Ford and Chevrolet.
- The Property Fronts Meyer Street, Sealy’s Principal Commercial Spine, Surrounded By Established National Retailers and Daily-Needs Traffic Generators.
- The Property Benefits from Proximity To Interstate 10, the Primary Highway Artery Linking Houston and San Antonio.
Executive Summary
2026 Renovation | Qualifies for Depreciation | Direct Interstate 10 Access | Minutes from Established Automotive Cluster | Within the I-10 Growth Corridor | Nearby Master-Planned Residential Growth | Backed by a Publicly Traded Industry Leader | Adjacent yo CVS Pharmacy and Near Numerous other National Retailers | Growing Suburban Community within the Houston Metro
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,713 SF
Building Class
C
Year Built/Renovated
1996/2026
Price
$2,066,400 CAD
Price Per SF
$1,206.30 CAD
Cap Rate
6%
NOI
$123,984 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.31 AC
Parking
20 Spaces (11.68 Spaces per 1,000 SF Leased)
Frontage
92’ on Meyer St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Valvoline Instant Oil Change
- Retailer
- 1,713 SF
- -
- Triple Net
- Dec 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Valvoline Instant Oil Change | Retailer | 1,713 SF | - | Triple Net | Dec 2041 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R000019885 | Improvements Assessment | $451,781 CAD |
| Land Assessment | $279,004 CAD | Total Assessment | $621,050 CAD |
Property Taxes
Parcel Number
R000019885
Land Assessment
$279,004 CAD
Improvements Assessment
$451,781 CAD
Total Assessment
$621,050 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
VALVOLINE INSTANT OIL CHANGE | 15 YR ABS. NET | 828 Meyer St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.