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Auto Parts

Caliber Collision | Caliber Auto Care | Houston TX

2324 Rayford Rd, Spring, TX 77386

Listing Price: $5,866,233

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
9.5
Guarantor
Corporate Guarantee
Rentable SF
10,494
Lease Type
Absolute Net
Rent Per Square Feet
$33.54

Investment Overview

This absolute NNN passive investment opportunity offers a qualified buyer the change to acquire a strong corporate guaranteed asset in an incredible location.

Caliber Auto Care was designed by a team of customer service experts on a mission to change the image of the automotive service industry. The centers make quick oil changes, tire issues, unexpected check engine lights, mechanical repairs, and state inspections easier and more convenient than ever. They also offer five-star amenities such as an enclosed indoor children’s playground, Starbucks® coffee, shuttle service/valet, a business center with free WiFi, optional contactless drop off services, and is pet friendly.

As the fifth-most populous metro area in the United States, Houston houses more than 7.3 million people in southeastern Texas. Roughly one-third of residents live in the city of Houston. The market is composed of nine counties: Harris, Galveston, Brazoria, Fort Bend, Chambers, Montgomery, Austin, Liberty and Waller. The Gulf of Mexico, which borders the metro to the southeast, provides access to markets around the world via the Port of Houston, making it a prime location for exports. Local industries have diversified from oil to technology and health care. Many companies provide goods and services for the large population growth, which has sprawled primarily to the north and west.

Investment Highlights

  • 9+ Years remaining on an Absolute Net lease in a Tax Free State
  • Built-to-Suit 2018 construction with zero landlord responsibilities and regular rent increases every 5 years to hedge against inflation
  • Caliber Auto Care shares the Strong Corporate Guarantee as all 1,700+ Caliber Locations
  • Well located in a densely populated and affluent suburb just 30 minutes north of Houston
  • Just 3 miles from the ExxonMobile Houston Campus, soon to be the new Exxon HQ, with over 10,000 current employees
  • Excellent visibility on a signalized corner (32k+ VPD on Rayford Rd) and across from a busy Kroger anchored shopping center

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Parts

Caliber Collision | Caliber Auto Care | Houston TX

Listing Price: $5,866,233

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
9.5
Guarantor
Corporate Guarantee
Rentable SF
10,494
Lease Type
Absolute Net
Rent Per Square Feet
$33.54

Investment Highlights

  • 9+ Years remaining on an Absolute Net lease in a Tax Free State
  • Built-to-Suit 2018 construction with zero landlord responsibilities and regular rent increases every 5 years to hedge against inflation
  • Caliber Auto Care shares the Strong Corporate Guarantee as all 1,700+ Caliber Locations
  • Well located in a densely populated and affluent suburb just 30 minutes north of Houston
  • Just 3 miles from the ExxonMobile Houston Campus, soon to be the new Exxon HQ, with over 10,000 current employees
  • Excellent visibility on a signalized corner (32k+ VPD on Rayford Rd) and across from a busy Kroger anchored shopping center

Investment Overview

This absolute NNN passive investment opportunity offers a qualified buyer the change to acquire a strong corporate guaranteed asset in an incredible location. Caliber Auto Care was designed by a team of customer service experts on a mission to change the image of the automotive service industry. The centers make quick oil changes, tire issues, unexpected check engine lights, mechanical repairs, and state inspections easier and more convenient than ever. They also offer five-star amenities such as an enclosed indoor children’s playground, Starbucks® coffee, shuttle service/valet, a business center with free WiFi, optional contactless drop off services, and is pet friendly. As the fifth-most populous metro area in the United States, Houston houses more than 7.3 million people in southeastern Texas. Roughly one-third of residents live in the city of Houston. The market is composed of nine counties: Harris, Galveston, Brazoria, Fort Bend, Chambers, Montgomery, Austin, Liberty and Waller. The Gulf of Mexico, which borders the metro to the southeast, provides access to markets around the world via the Port of Houston, making it a prime location for exports. Local industries have diversified from oil to technology and health care. Many companies provide goods and services for the large population growth, which has sprawled primarily to the north and west.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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