3998 Twin City HwyGroves, TX 77619

For Sale
$1,905,000

High-Yield Texas Auto Shop

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional investment opportunity: a 1,664 square foot Valvoline Instant Oil Change in Groves, Texas. This 2024-built, absolute NNN ground lease boasts a 15-year term commencing October 1, 2024, and includes four 5-year renewal options. The lease features a 10% rent increase every five years, ensuring consistent income growth. The property sits on a substantial 0.88-acre lot, part of a larger 5+ acre retail redevelopment project alongside established brands like Wells Fargo, Starbucks, and Blue Wave Express. Located near the high-traffic intersection of Highway 73 and Twin City Highway (77,000+ combined vehicles per day), this Valvoline is the only national brand instant oil change facility on Twin City Highway. The property offers a strong 5.25% cap rate and a substantial net operating income (NOI) of $100,000. The corporate guarantee from Valvoline, a globally recognized brand with over 1,650 locations, provides significant security. This is a rare opportunity to acquire a high-performing, passively managed asset in a rapidly growing area of the Beaumont-Port Arthur MSA (population 392,563+). The asking price is $1,905,000, with a price per square foot of $1,144.83. The property's location within a major industrial area on the Texas Gulf Coast further enhances its long-term value and potential. This is a turnkey investment with significant upside potential.

Highlights

  • New Construction (2024), 1,664 SF building on 0.88-acre lot.
  • 15-year absolute NNN ground lease with 10% rent increases every 5 years, plus four 5-year renewal options.
  • High-traffic location near the intersection of Highway 73 and Twin City Highway (77,000+ combined VPD).
  • Sole national-brand instant oil change facility on Twin City Highway.
  • Large 0.88-acre parcel within a 5+ acre retail redevelopment project including Wells Fargo, Starbucks, and Blue Wave Express.
  • Valvoline is a well-established, globally recognized brand with over 1,650 locations.

Property Details for 3998 Twin City Hwy

Property type
Other retail properties, Individual retail properties
Square Feet
1,664 SF
Year Built
2024
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Groves
County
Jefferson
State
Texas
Latitude
29.9349159
Longitude
-93.9311328
3998 Twin City Hwy, Groves, Texas

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3998 Twin City Hwy
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