New Valvoline Investment
3541 S Preston Rd, Celina, TX 75009
New construction Valvoline with 15-year absolute NNN ground lease.
Type:Retail
Property size:
2,002 SFLot size:
1.05 AcresPrice / SF:
$1,198/SF- Added:
- Mar 16, 2026
- Days on Market:
- 104
- Last Refresh:
- Mar 19 at 10:47 pm
Property Features for 3541 S Preston Rd
General Information
- Standard status
- Active
- Size
- 2,002 SF
- Lot size
- 1.05 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing office Cushman & Wakefield - San Diego, California
Listing date Mar 16, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Diego, California
HighLights
- Brand new 2026 construction Valvoline with a 15‑year Absolute NNN ground lease and four 5‑year renewal options.
- Located within The Crossing at Moore Farm, a premier mixed‑use destination anchored by Lowe’s and EOS, with Home Depot, Costco, Costco Gasoline and Academy Sports.
- Positioned in Celina, TX, one of the fastest‑growing cities in North Texas, experiencing a 314% population increase over the past decade.
- Sits adjacent to two Class A multifamily communities totaling 850 units.
- Features 10% rent increases every 5 years.
- High average household income of +$175k within a 1‑mile radius.
Overview
This is a new construction Valvoline single tenant investment opportunity located at The Crossing at Moore Farm, a mixed-use destination at the gateway to Celina, Texas. The tenant is projected to open in Q2 2026. The property occupies 1.05 acres within a +77 acre master-planned retail district, anchored by Lowe’s and EOS, with Home Depot, Costco, Costco Gasoline and Academy Sports. Adjacent to Jefferson Ownsby and Prose Ownsby Farms, two new Class A multifamily communities totaling 850-units, the location blends commerce with modern living. The offering includes a 15-year Absolute NNN ground lease with four 5-year renewal options, providing up to 35 years of potential tenancy, and 10% rent increases every 5 years. Celina, TX is experiencing growth, with a 314% population increase over the past decade. The 5-mile population is +78,400 with a 14.07% annual growth rate. The average household income within 1-mile radius exceeds the national average at +$175k. The property is surrounded by a dense national retail corridor featuring Target, Walmart Supercenter, Hobby Lobby, Dick’s Sporting Goods, and Kohl’s. It is also near eight major master planned communities totaling more than 8,000 acres within a 10-mile radius. The building size is 2,002 square feet.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.3k | $110.04 |
| − Vacancy | −$21.4k | −$10.67 |
| EGI | $198.9k | $99.37 |
| − OpEx | −$59.7k | −$29.81 |
| NOI | $139.3k | $69.56 |
2,002 SF · lease $110.04/SF/yr · vacancy 9.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.99M
$1.74M – $2.32M
NOI $139,252 @ 7.0% cap · market cap 5.80%
Second Best
Retail
$460.2K
$402.7K – $536.9K
NOI $32,213 @ 7.0% cap · market cap 1.34%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- Kwik Kar Lube & Auto Repair — 2770 Preston Rd, Celina, TX 75009
Location Insight
- Map
- Local Demand
- City
- Celina
- County
- Collin
- State
- Texas
- Longitude
- -96.7628105
- Latitude
- 33.3664479
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - New construction Valvoline with 15-year absolute NNN ground lease.
Where is this auto shop located?
The property is located at 3541 S Preston Rd Celina, TX.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Brand new 2026 construction Valvoline with a 15‑year Absolute NNN ground lease and four 5‑year renewal options.; Located within The Crossing at Moore Farm, a premier mixed‑use destination anchored by Lowe’s and EOS, with Home Depot, Costco, Costco Gasoline and Academy Sports.; Positioned in Celina, TX, one of the fastest‑growing cities in North Texas, experiencing a 314% population increase over the past decade.
