Marcus & Millichap is pleased to present the opportunity to acquire a newly built Valvoline Instant Oil Change located at 900 S Jackson Road in McAllen, Texas. The property is under a brand-new 15-year NNN ground lease with zero landlord responsibilities, providing truly passive income. The lease includes 10% rent increases every five years and four (4) five-year renewal options, allowing for up to 35 years of total term.
Strategically positioned at the signalized corner of S Jackson Road and Houston Avenue, the property benefits from exceptional visibility with over 60,000 vehicles per day. The ±2,000-square-foot facility on ±0.82 acres features a modern 3-bay drive-thru design optimized for operational efficiency. McAllen is one of the fastest-growing metros in Texas, with a regional population exceeding 870,000 and strong retail fundamentals. The property is surrounded by national anchors including Costco, Walmart Supercenter, Target, Best Buy, and Home Depot.
Valvoline Inc. (NYSE: VVV) is a Fortune 1000 company with over 1,800 locations nationwide and 2024 revenue of $1.6 billion. As a leader in the automotive preventive maintenance industry, Valvoline’s strong financials, brand recognition, and recession-resistant business model make this a stable, long-term investment opportunity.