Auto Service - Gas-Conv
Caliber Collision | Texas | 15 Year Absolute Net Lease | Brand New 2024 Construction | Affluent Area
11120 TX-191, Midland, TX 79707
Listing Price: $5,762,157
Investment Overview
Midland is a city in the U.S. state of Texas and the seat of Midland County with small portions extending into Martin County. The population was 132,524 as of the 2020 census. Located in the Permian Basin in West Texas, Midland is a major center for American oil and natural gas production. Midland is the principal city of the Midland, Texas metropolitan statistical area, which includes all of Midland County, the population of which was 169,983 in the 2020 U.S. Census. The metropolitan area is part of the larger Midland–Odessa combined statistical area, which had a population of 340,391 in the 2020 census.Residents of Midland are referred to as ‘Midlanders’. Midland was founded as the midway point between Fort Worth and El Paso on the Texas and Pacific Railroad in 1881. The city has many connections to the Bush family; it was the onetime home of former Presidents George H. W. Bush and George W. Bush and the hometown of former First Lady Laura Bush. The George W. Bush Childhood Home is located in Midland.
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.
- In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Mercedes, BMW, Volkswagen, Toyota, Nissan, Mazda, Ford, Subaru, Chrysler, Dodge, Jeep and more.
- The Site is Located within an Industrial Hub - Surrounded by Numerous Light Industrial, Manufacturing Plants and Distribution Centers.
- A Short Drive from Midland International Air & Space Port - The airport has three Airlines, two Serving Hubs with Regional Jets and one Flying Mainline Jets (66k Annual Aircraft Operations).
- Affluent Area: Features an Average Household Income of more than $144k (Twice the National Average) within a 5-Mile Radius.
- 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 | Brand New 2024 Construction | Affluent Area
Listing Price: $5,762,157
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.
- In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Mercedes, BMW, Volkswagen, Toyota, Nissan, Mazda, Ford, Subaru, Chrysler, Dodge, Jeep and more.
- The Site is Located within an Industrial Hub - Surrounded by Numerous Light Industrial, Manufacturing Plants and Distribution Centers.
- A Short Drive from Midland International Air & Space Port - The airport has three Airlines, two Serving Hubs with Regional Jets and one Flying Mainline Jets (66k Annual Aircraft Operations).
- Affluent Area: Features an Average Household Income of more than $144k (Twice the National Average) within a 5-Mile Radius.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Investment Overview
Midland is a city in the U.S. state of Texas and the seat of Midland County with small portions extending into Martin County. The population was 132,524 as of the 2020 census. Located in the Permian Basin in West Texas, Midland is a major center for American oil and natural gas production. Midland is the principal city of the Midland, Texas metropolitan statistical area, which includes all of Midland County, the population of which was 169,983 in the 2020 U.S. Census. The metropolitan area is part of the larger Midland–Odessa combined statistical area, which had a population of 340,391 in the 2020 census.Residents of Midland are referred to as ‘Midlanders’. Midland was founded as the midway point between Fort Worth and El Paso on the Texas and Pacific Railroad in 1881. The city has many connections to the Bush family; it was the onetime home of former Presidents George H. W. Bush and George W. Bush and the hometown of former First Lady Laura Bush. The George W. Bush Childhood Home is located in Midland.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments