3998 Twin City hwy - Service Station FOR SALE


Groves, TX 77619
$1,820,000 USD
469-694-4189
3998 Twin City hwy, Groves, TX for Sale
$1,820,000 USD
Service Station - FOR SALE
1/5
null | 5.5% Cap Rate

3998 Twin City hwy
Groves, TX 77619


HIGHLIGHTS

  • 2024 Construction. 1,664+/- SF Building on 0.88+/- Acre Site
  • Near the Major Intersection of Highway 73 and Twin City Highway (77,000+ Combined VPD)
  • Only National Brand Instant Oil Change Facility on Twin City Highway
  • Large Parcel (0.88 AC) in Coordinated 5+ Acre Retail Redevelopment w/ Wells Fargo, Starbucks, & Blue Wave Express
  • Valvoline is a Well-Established and Globally Recognized Brand with Over 1,650 Locations
  • Groves | Part of Major Industrial Area on Texas Gulf Coast | Beaumont-Port Arthur MSA Population: 392,563+

OVERVIEW

15-Year Absolute NNN Ground Lease w/ 10% Rent Increases Every 5 Years, Plus (4), 5-Year Options to Renew

FOR SALE DETAILS

PRICE

$1,820,000 USD

PRICE/SF

$1,094 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline Instant Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Auto Repair, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

-

APN/PARCEL ID

020330-000-000200-00000

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.