Skip to main content

Auto Service - Gas-Conv

Caliber Collision Center | Texas | Long Term Absolute Net Lease | Densely Populated Area

1909 W Beauregard Ave, San Angelo, TX 76901

Listing Price: $4,656,000

Cap Rate
7.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
11.3
Gross SF
32,000
Guarantor
Corporate Guarantee
Rentable SF
32,000
Price/Gross SF
$145.50
Lease Type
Absolute Net
Rent Per Square Feet
$10.19

Investment Overview

San Angelo is a city in and the county seat of Tom Green County, Texa. Its location is in the Concho Valley, a region of West Texas between the Permian Basin to the northwest, Chihuahuan Desert to the southwest, Osage Plains to the northeast, and Central Texas to the southeast. According to a 2019 Census estimate, San Angelo had a total population of 101,004. It is the principal city and center of the San Angelo metropolitan area, which had a population of 118,182. San Angelo is home to Angelo State University, historic Fort Concho, and Goodfellow Air Force Base. San Angelo has consistently been ranked by many publications and rankings as one of the best small cities for business and employment. In 2013, it ranked fourth in the nation in Forbes magazine’s “Best Small Cities For Jobs” rankings. In 2010, Kiplinger’s Personal Finance named San Angelo as one of the “Best Cities of the Next Decade”. In 2009, CNN Money ranked San Angelo as one of the best cities to launch a small business. San Angelo has a diverse economy for a city of its size. Although most oil fields lie to the west, many oil-field service companies based in the city employ a large number of local residents. The agricultural industry in San Angelo remains strong. Producer’s Livestock Auction is the nation’s largest for sheep and lambs, and is among the top five in the nation for cattle auctions. Two agricultural research centers are located in San Angelo: the Angelo State University Management Instruction and Research Center and the Texas A&M Texas AgriLife Research and Extension Center at San Angelo.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • 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 Goodfellow Air Force Base - the Largest Employer in the Region, Employing or Providing Income for over 24k in San Angelo.
  • Positioned Along Area's Traffic and Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 15k Vehicles.
  • Less than 3 Miles from Sunset Mall - a 560k Sq.Ft. Shopping Center featuring more than 70 Retail, Dining and Entertainment Options. In Close Proximity to Angelo State University - the Second-Largest Campus in the Texas Tech University System with more than 10,775 Students Currently Enrolled.
  • Densely Populated Area: Features 100k+ People living w/in a 5-Mile Radius. San Angelo has Consistently been Ranked by many Publications and Rankings as one of the Best Small Cities for Business and Employment.
  • 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 Center | Texas | Long Term Absolute Net Lease | Densely Populated Area

Listing Price: $4,656,000

Cap Rate
7.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
11.3
Gross SF
32,000
Guarantor
Corporate Guarantee
Rentable SF
32,000
Price/Gross SF
$145.50
Lease Type
Absolute Net
Rent Per Square Feet
$10.19

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • 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 Goodfellow Air Force Base - the Largest Employer in the Region, Employing or Providing Income for over 24k in San Angelo.
  • Positioned Along Area's Traffic and Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 15k Vehicles.
  • Less than 3 Miles from Sunset Mall - a 560k Sq.Ft. Shopping Center featuring more than 70 Retail, Dining and Entertainment Options. In Close Proximity to Angelo State University - the Second-Largest Campus in the Texas Tech University System with more than 10,775 Students Currently Enrolled.
  • Densely Populated Area: Features 100k+ People living w/in a 5-Mile Radius. San Angelo has Consistently been Ranked by many Publications and Rankings as one of the Best Small Cities for Business and Employment.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

San Angelo is a city in and the county seat of Tom Green County, Texa. Its location is in the Concho Valley, a region of West Texas between the Permian Basin to the northwest, Chihuahuan Desert to the southwest, Osage Plains to the northeast, and Central Texas to the southeast. According to a 2019 Census estimate, San Angelo had a total population of 101,004. It is the principal city and center of the San Angelo metropolitan area, which had a population of 118,182. San Angelo is home to Angelo State University, historic Fort Concho, and Goodfellow Air Force Base. San Angelo has consistently been ranked by many publications and rankings as one of the best small cities for business and employment. In 2013, it ranked fourth in the nation in Forbes magazine’s “Best Small Cities For Jobs” rankings. In 2010, Kiplinger’s Personal Finance named San Angelo as one of the “Best Cities of the Next Decade”. In 2009, CNN Money ranked San Angelo as one of the best cities to launch a small business. San Angelo has a diverse economy for a city of its size. Although most oil fields lie to the west, many oil-field service companies based in the city employ a large number of local residents. The agricultural industry in San Angelo remains strong. Producer’s Livestock Auction is the nation’s largest for sheep and lambs, and is among the top five in the nation for cattle auctions. Two agricultural research centers are located in San Angelo: the Angelo State University Management Instruction and Research Center and the Texas A&M Texas AgriLife Research and Extension Center at San Angelo.

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