10464 Highway 242 | Conroe, TX 77385
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This Office Property is no longer advertised on LoopNet.com.
10464 Highway 242
Conroe, TX 77385
Valvoline Ground Lease | Conroe · Office Property For Sale
Investment Highlights
- Long-term lease to Valvoline (NYSE: “VVV” – $2.98B in revenue – 1,400+ locations)
- Absolute NNN ground lease requires no landlord management, ideal for passive investors
- 2020 construction featuring three service bays and latest Valvoline store design & concepts
- Lease guaranteed by Valvoline, Inc.
- Scheduled rental increases, providing a hedge against inflation
PROPERTY FACTS
Property Type
Office
Building Size
2,058 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,058 SF
Building FAR
0.05
Lot Size
0.98 AC
Zoning
6
Parking
15 Spaces (7.29 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
Land Assessment | $2,981,130 | Total Assessment | $2,981,130 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 5727-91-00600
- 5727-91-00200
Land Assessment
$2,981,130
Improvements Assessment
$0
Total Assessment
$2,981,130
Learn More About Investing in Office Space
Listing ID: 25873357
Date on Market: 6/7/2022
Last Updated:
Address: 10464 Highway 242, Conroe, TX 77385
The Office Property at 10464 Highway 242, Conroe, TX 77385 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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