Skip to main content

Auto Service - Gas-Conv

Caliber Collision w/ Enterprise Car Rental | Fort Worth | 15 Year Abs. Net Lease | 2023 Construction

5440 Columbus Trail, Fort Worth, TX 76123

Listing Price: $6,034,783

Cap Rate
5.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
16,895
Guarantor
Corporate Guarantee
Rentable SF
16,895
Price/Gross SF
$357.19
Lease Type
Absolute Net
Rent Per Square Feet
$20.54

Investment Overview

Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly 350 square miles into three other counties: Denton, Parker, and Wise. According to the 2019 census estimates, Fort Worth’s population was 909,585. Fort Worth is the second-largest city in the Dallas–Fort Worth–Arlington metropolitan area, which is the fourth-most populous metropolitan area in the United States. Fort Worth has become one of the fastest-growing cities in the United States in recent years, particularly in the 21st century, and has more than doubled its population since 2000. Fort Worth is home to the Van Cliburn International Piano Competition and several world-class museums designed by internationally known contemporary architects. The Kimbell Art Museum, considered to have one of the best art collections in Texas, is housed in what is widely regarded as one of the outstanding architectural achievements of the modern era. The museum was designed by American architect Louis Kahn, with an addition designed by world-renowned Italian architect Renzo Piano opening November 2013. Also of note is the Modern Art Museum of Fort Worth, designed by Tadao Ando. The Amon Carter Museum of American Art, designed by Philip Johnson, houses one of the world’s most extensive collections of American art.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2023 Construction.
  • This Location Features an Enterprise Car Rental. Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,500 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Directly Across from "The T" - The Fort Worth Transportation Authority, is planning to Build Fort Worth's Southernmost Rail Transit Station & Park and Ride.
  • Densely Populated and Affluent Fort Worth Suburb: Features an Average Household Income of $110k+ within a 1-Mile Radius and more than 186k People Residing within a 5-Mile Radius.
  • Minutes from Texas Health Harris Methodist Hospital Southwest Fort Worth - a 222-Bed Full-Service Facility w/ more than 1,100 Employees, 120 Volunteers, and more than 600 Physicians on its Medical Staff. Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility. Immediate Access to/from Chisholm Trail Pkwy.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Auto Service - Gas-Conv

Caliber Collision w/ Enterprise Car Rental | Fort Worth | 15 Year Abs. Net Lease | 2023 Construction

Listing Price: $6,034,783

Cap Rate
5.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
16,895
Guarantor
Corporate Guarantee
Rentable SF
16,895
Price/Gross SF
$357.19
Lease Type
Absolute Net
Rent Per Square Feet
$20.54

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2023 Construction.
  • This Location Features an Enterprise Car Rental. Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,500 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Directly Across from "The T" - The Fort Worth Transportation Authority, is planning to Build Fort Worth's Southernmost Rail Transit Station & Park and Ride.
  • Densely Populated and Affluent Fort Worth Suburb: Features an Average Household Income of $110k+ within a 1-Mile Radius and more than 186k People Residing within a 5-Mile Radius.
  • Minutes from Texas Health Harris Methodist Hospital Southwest Fort Worth - a 222-Bed Full-Service Facility w/ more than 1,100 Employees, 120 Volunteers, and more than 600 Physicians on its Medical Staff. Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility. Immediate Access to/from Chisholm Trail Pkwy.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly 350 square miles into three other counties: Denton, Parker, and Wise. According to the 2019 census estimates, Fort Worth’s population was 909,585. Fort Worth is the second-largest city in the Dallas–Fort Worth–Arlington metropolitan area, which is the fourth-most populous metropolitan area in the United States. Fort Worth has become one of the fastest-growing cities in the United States in recent years, particularly in the 21st century, and has more than doubled its population since 2000. Fort Worth is home to the Van Cliburn International Piano Competition and several world-class museums designed by internationally known contemporary architects. The Kimbell Art Museum, considered to have one of the best art collections in Texas, is housed in what is widely regarded as one of the outstanding architectural achievements of the modern era. The museum was designed by American architect Louis Kahn, with an addition designed by world-renowned Italian architect Renzo Piano opening November 2013. Also of note is the Modern Art Museum of Fort Worth, designed by Tadao Ando. The Amon Carter Museum of American Art, designed by Philip Johnson, houses one of the world’s most extensive collections of American art.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

MM Texture Background
MM Textured Background Lower