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Auto Service - Gas-Conv

Caliber Collision | Houston MSA | 15 Year Absolute Net Lease | 2024 Construction | Major Growth Area

201 Lincoln Ridge, Willis (Houston MSA), TX 77378

Listing Price: $5,291,187

Cap Rate
6.15%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$328.65
Lease Type
Absolute Net
Rent Per Square Feet
$20.21

Investment Overview

Willis is a city in Montgomery County, Texas, located eight miles north of Conroe in north central Montgomery County. Montgomery County has a population of 620,443. Between 2000 and 2010, its population grew by 55%, the 24th-fastest rate of growth of any county in the United States. Between 2010 and 2020, its population grew by 36%. Montgomery County is part of the Houston-The Woodlands-Sugar Land, TX Metropolitan Statistical Area. Greater Houston has historically been among the fastest-growing metropolitan areas in the United States; it was the fastest-growing in absolute terms during the 2013–2014 census year, adding 156,371 people. The area grew 25.2% between 1990 and 2000—adding more than 950,000 people—while the country's population increased only 13.2% over the same period, and from 2000 to 2007 alone, the area added over 910,000 people. The Greater Houston Partnership projected the metropolitan area would add between 4.1 and 8.3 million new residents between 2010 and 2050.

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 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.
  • Walking Distance from Kroger Marketplace (the 2nd Most-Visited Kroger in Texas and top 10% Most-Visited in the Chain | 1.62M+ Annual Visitors according to Placer.AI).
  • Surrounded by Numerous New Residential Developments including Moran Ranch (262 Acres & 900+ Lots), The Woodland Hills (2,500 Acres & 4,800 Lots) and Chambers Creek Ranch (1,200 Acres & 3,000 Lots).
  • In Close Proximity to The Market at Willis Shopping Center - a 200k+ SF, 69.7-Acre Mixed Use Development that is Anchored by the first H-E-B to the City of Willis.
  • Between 2000 and 2010, Willis's Population grew by 55%, the 24th-Fastest Rate of Growth of any County in the U.S. Between 2010 and 2020, its Population grew by 36%. Immediate Access to/from Interstate-45 (73k+ VPD) - a Major Interstate Highway, connecting the Cities of Dallas and Houston, continuing southeast from Houston to the Gulf of Mexico.
  • 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

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

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 | Houston MSA | 15 Year Absolute Net Lease | 2024 Construction | Major Growth Area

Listing Price: $5,291,187

Cap Rate
6.15%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$328.65
Lease Type
Absolute Net
Rent Per Square Feet
$20.21

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 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.
  • Walking Distance from Kroger Marketplace (the 2nd Most-Visited Kroger in Texas and top 10% Most-Visited in the Chain | 1.62M+ Annual Visitors according to Placer.AI).
  • Surrounded by Numerous New Residential Developments including Moran Ranch (262 Acres & 900+ Lots), The Woodland Hills (2,500 Acres & 4,800 Lots) and Chambers Creek Ranch (1,200 Acres & 3,000 Lots).
  • In Close Proximity to The Market at Willis Shopping Center - a 200k+ SF, 69.7-Acre Mixed Use Development that is Anchored by the first H-E-B to the City of Willis.
  • Between 2000 and 2010, Willis's Population grew by 55%, the 24th-Fastest Rate of Growth of any County in the U.S. Between 2010 and 2020, its Population grew by 36%. Immediate Access to/from Interstate-45 (73k+ VPD) - a Major Interstate Highway, connecting the Cities of Dallas and Houston, continuing southeast from Houston to the Gulf of Mexico.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Willis is a city in Montgomery County, Texas, located eight miles north of Conroe in north central Montgomery County. Montgomery County has a population of 620,443. Between 2000 and 2010, its population grew by 55%, the 24th-fastest rate of growth of any county in the United States. Between 2010 and 2020, its population grew by 36%. Montgomery County is part of the Houston-The Woodlands-Sugar Land, TX Metropolitan Statistical Area. Greater Houston has historically been among the fastest-growing metropolitan areas in the United States; it was the fastest-growing in absolute terms during the 2013–2014 census year, adding 156,371 people. The area grew 25.2% between 1990 and 2000—adding more than 950,000 people—while the country's population increased only 13.2% over the same period, and from 2000 to 2007 alone, the area added over 910,000 people. The Greater Houston Partnership projected the metropolitan area would add between 4.1 and 8.3 million new residents between 2010 and 2050.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

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

    San Diego

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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