Skip to main content

Auto Service - Gas-Conv

Caliber Collision | Affluent Austin Suburb | 15 Year Absolute Net Lease | 2024 Construction

1174 Robert S. Light Blvd, Buda (Austin MSA), TX 78610

Listing Price: $5,678,200

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.2
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$352.68
Lease Type
Absolute Net
Rent Per Square Feet
$21.16

Investment Overview

Buda is a city in Hays County, Texas, part of the Austin-Round Rock-San Marcos metropolitan statistical area and is one of Austin’s fastest growing suburbs. Austin is the capital of Texas, as well as the seat and most populous city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 10th most populous city in the United States, the fourth most populous city in the state after Dallas, San Antonio and Houston, and the second most populous state capital city after Phoenix, the capital of Arizona. It has been one of the fastest growing large cities in the United States since 2010. Downtown Austin and Downtown San Antonio are approximately 80 miles apart, and both fall along the Interstate 35 corridor. This combined metropolitan region of San Antonio–Austin has approximately 5 million people. Austin is the southernmost state capital in the contiguous United States and is considered a Beta-level global city as categorized by the Globalization and World Cities Research Network. The Greater Austin metropolitan statistical area had a gross domestic product of $86 billion in 2010. Austin is considered to be a major center for high tech. Thousands of graduates each year from the engineering and computer science programs at the University of Texas at Austin provide a steady source of employees that help to fuel Austin’s technology and defense industry sectors.

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.
  • Densely Populated & Affluent Area: Features an Average Household Income of more than $105k within a 1-Mile Radius and more than 82k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Traffic and Industrial Corridor. Features Easy Access and Excellent Visibility. Immediate Access to/from Interstate-35 with Daily Traffic Counts Exceeding 140k Vehicles.
  • Surrounded by Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants.
  • 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

  • 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 | Affluent Austin Suburb | 15 Year Absolute Net Lease | 2024 Construction

Listing Price: $5,678,200

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.2
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$352.68
Lease Type
Absolute Net
Rent Per Square Feet
$21.16

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.
  • Densely Populated & Affluent Area: Features an Average Household Income of more than $105k within a 1-Mile Radius and more than 82k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Traffic and Industrial Corridor. Features Easy Access and Excellent Visibility. Immediate Access to/from Interstate-35 with Daily Traffic Counts Exceeding 140k Vehicles.
  • Surrounded by Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants.
  • 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

Buda is a city in Hays County, Texas, part of the Austin-Round Rock-San Marcos metropolitan statistical area and is one of Austin’s fastest growing suburbs. Austin is the capital of Texas, as well as the seat and most populous city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 10th most populous city in the United States, the fourth most populous city in the state after Dallas, San Antonio and Houston, and the second most populous state capital city after Phoenix, the capital of Arizona. It has been one of the fastest growing large cities in the United States since 2010. Downtown Austin and Downtown San Antonio are approximately 80 miles apart, and both fall along the Interstate 35 corridor. This combined metropolitan region of San Antonio–Austin has approximately 5 million people. Austin is the southernmost state capital in the contiguous United States and is considered a Beta-level global city as categorized by the Globalization and World Cities Research Network. The Greater Austin metropolitan statistical area had a gross domestic product of $86 billion in 2010. Austin is considered to be a major center for high tech. Thousands of graduates each year from the engineering and computer science programs at the University of Texas at Austin provide a steady source of employees that help to fuel Austin’s technology and defense industry sectors.

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

MM Texture Background
MM Textured Background Lower