Auto Service - Gas-Conv
Caliber Collision | Texas | 15 Year Absolute Net Lease | 2024 Construction | Near Baylor University
2400 Pecan Ln, Waco, TX 76705
Listing Price: $5,365,902
Investment Overview
Waco is a city in and the county seat of McLennan County, Texas. It is situated along the Brazos River and I-35, halfway between Dallas and Austin. The city had a U.S. census estimated 2022 population of 143,984, making it the 24th-most populous city in the state. The Waco metropolitan statistical area consists of McLennan, Falls and Bosque counties, which had a 2020 population of 295,782. Bosque County was added to the Waco MSA in 2023. The 2022 U.S. census population estimate for the Waco metropolitan area was 302,582 residents. Waco has reinvented itself as a thriving community, home to Baylor University, offering a mix of outdoor recreational opportunities along the Brazos River, a burgeoning arts scene, and a burgeoning food culture. The city’s revitalization is epitomized by the Magnolia Market at the Silos, a popular destination created by HGTV’s “Fixer Upper” stars Chip and Joanna Gaines, which draws visitors from across the country to shop, dine, and experience the city’s charm, making Waco a prominent and rapidly evolving city in the heart of Texas.
Caliber Collision | Texas | 15 Year Absolute Net Lease | 2024 Construction | Near Baylor University
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 2024 High Quality Construction.
- Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Minutes from Baylor University - the Largest Baptist University in the World with a Total Enrollment of more than 20k Students. The University is a Member of the Big 12.
- The Site is Located within Northeast Waco's Industrial Hub - Surrounded by Numerous Light Industrial, Manufacturing Plants and Distribution Centers.
- Adjacent to The Home Depot and Near Numerous other National Retailers including Walmart Supercenter, H-E-B plus!. Sam's Club, Atwoods Ranch & Home and.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
Auto Service - Gas-Conv
Caliber Collision | Texas | 15 Year Absolute Net Lease | 2024 Construction | Near Baylor University
Listing Price: $5,365,902
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 2024 High Quality Construction.
- Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Minutes from Baylor University - the Largest Baptist University in the World with a Total Enrollment of more than 20k Students. The University is a Member of the Big 12.
- The Site is Located within Northeast Waco's Industrial Hub - Surrounded by Numerous Light Industrial, Manufacturing Plants and Distribution Centers.
- Adjacent to The Home Depot and Near Numerous other National Retailers including Walmart Supercenter, H-E-B plus!. Sam's Club, Atwoods Ranch & Home and.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Investment Overview
Waco is a city in and the county seat of McLennan County, Texas. It is situated along the Brazos River and I-35, halfway between Dallas and Austin. The city had a U.S. census estimated 2022 population of 143,984, making it the 24th-most populous city in the state. The Waco metropolitan statistical area consists of McLennan, Falls and Bosque counties, which had a 2020 population of 295,782. Bosque County was added to the Waco MSA in 2023. The 2022 U.S. census population estimate for the Waco metropolitan area was 302,582 residents. Waco has reinvented itself as a thriving community, home to Baylor University, offering a mix of outdoor recreational opportunities along the Brazos River, a burgeoning arts scene, and a burgeoning food culture. The city’s revitalization is epitomized by the Magnolia Market at the Silos, a popular destination created by HGTV’s “Fixer Upper” stars Chip and Joanna Gaines, which draws visitors from across the country to shop, dine, and experience the city’s charm, making Waco a prominent and rapidly evolving city in the heart of Texas.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
