828 Meyer St - Auto Repair FOR SALE
Sealy, TX 77474 |
$1,500,000 USD
858-373-3184
828 Meyer St
Sealy, TX 77474
HIGHLIGHTS
- 15 Year Corporate Absolute Net Lease (Zero Landlord Responsibilities) featuring 10% Rental Increases Every 5 Years throughout the Initial Term.
- The Property Fronts Meyer Street, Sealy’s Principal Commercial Spine, Surrounded By Established National Retailers and Daily-Needs Traffic Generators.
- Backed By a Publicly Traded Industry Leader - Valvoline Instant Oil Change Operates Under Valvoline Inc. (NYSE: VVV), Reporting Approximately $1.86B.
- The Property Benefits from Proximity To Interstate 10, the Primary Highway Artery Linking Houston and San Antonio.
- Minutes from an Established Automotive Cluster along I-10 Frontage Road, including Chrysler Dodge Jeep Ram, Ford and Chevrolet.
OVERVIEW
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
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$549 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
VALVOLINE INSTANT OIL CHANGE | 15 YR ABS. NET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.31 AC
LAND SF
13,504 SF
ZONING
-
APN/PARCEL ID
R000019885
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
