- The Flower Mound Valvoline Instant Oil Change Building is a single-tenant, 3,491 sq.ft. commercial building located at 1801 Justin Road in Flower Mound, Texas, 2 miles west of Interstate 35E, 20 minutes north of the Dallas-Fort Worth International Airport, and 50 minutes northwest of Downtown Dallas.
- The building is currently 100% leased to Valvoline Instant Oil Change, the second largest quick-lube chain in the United States and the third largest quick-lube change in Canada. Founded in 1986, the Valvoline quick-lube chain has grown steadily over the years. In their 16th year of growth, the Quick Lube business grew 16% in company-owned and franchised locations in the second quarter of fiscal year 2023 for a total of 1,781 locations. Valvoline Instant Oil Change is a division of Valvoline, Inc., (NYSE: VVV) one of the leading worldwide marketers and suppliers of automotive lubricants and supplies. The company’s products are sold in over 140 countries and its motor oil is the third-highest selling car motor oil by volume.
- The building is in a major retail corridor of Justin Road with 28,500 vehicles per day. The property is located near the major intersection of Justin Road and Browning Drive. With a population of 201,182 within a 5-mile radius the property is well positioned to take advantage of its larger 4-bay concept versus Valvoline’s standard 2-bay concept.
- Valvoline has operated from this location for 20 years.
- The property benefits from the shared access between RaceTrac, Christian Brothers Automotive, Discount Tire, National Tire and Battery, and O’Reilly Auto Parts, creating an excellent synergy among auto tenants. Other nearby tenants in the retail area include Chick-Fil-A, Dairy Queen, Dutch Bros, Driver’s Edge, Planet Fitness, Starbucks, Taco Bell and Tom Thumb.
- The property enjoys excellent access to the area’s transportation infrastructure. The property is 2 miles west of Interstate 35E, which intersects with Interstates 20, 30, 45 and 635 as well as Highways 12, 114, 287 and 342. As a transportation hub, the Dallas/Fort Worth area is also a major rail hub with BNSF, Kansas City Southern Lines, and Union Pacific operating four major intermodal terminals in the area.
- The building was built in 2000.
- The building sits on 0.70 acres zoned CI, Commercial/Industrial.
- The building is served by 23 asphalt parking spaces, including 1 ADA space, with a shared entrance off Justin Road with RaceTrac.
- Flower Mound is a master-planned bedroom community and suburb of Dallas located between Grapevine Lake and Lewisville Lake in Denton County, approximately 28 miles northwest of Downtown Dallas and 25 miles northeast of Downtown Fort Worth. Flower Mound has a population of 79,100 while the grater Dallas-Fort Worth-Arlington MSA has a population of approximately 8 million. The 12-county MSA is the 4th largest metro-area in the nation experiencing 18% growth in the last decade. Known as the “Metroplex,” the Dallas-Fort Worth area is home to 25% of all Texans. The dominant sectors of the Dallas-area economy include defense, financial services, information technology, telecommunications, and transportation. The Dallas-area is also home to the largest concentration of corporate headquarters of publicly traded companies in the U.S. including Energy Transfer Equity, Tenant Healthcare, JC Penny, Southwest Airlines, D.R. Horton, Gamestop, Kimberly-Clark and more. 41 colleges and universities are located within the Metroplex. The local economy is home to a large industrial sector due to the area’s transportation infrastructure of highway, rail, and air. The Dallas/Fort Worth International Airport is the second busiest airport in the world with 73 million annual passengers and an annual economic impact of $37 billion. Largest employers in the Flower Mound area include Communication test Design (1m340), MI Windows & Doors (771), Texas Health Presbyterian Hospital (700), Stryker Communications (480) and Likewize (400).
- For more information, please contact
David Marks
Tower Investments, LLC
250 W. Main St., Suite 101
Woodland, CA 95695
(530) 668-1000 – telephone
(530) 666-5574 – facsimile
davidmarks@towerinv.com
www.towerinv.com
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