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Auto Service - Gas-Conv

Caliber Collision | South TX - International Border | 15 Year Absolute Net Lease | 2024 Construction

4461 W Expy 83, Harlingen, TX 78552

Listing Price: $5,404,913

Cap Rate
6.35%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.6
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$335.71
Lease Type
Absolute Net
Rent Per Square Feet
$21.32

Investment Overview

Harlingen, nestled in the heart of the Rio Grande Valley, continues to be a key player in the commercial real estate scene. Spanning over 40 square miles, it stands as the second-largest city in Cameron County and the fourth-largest in the Rio Grande Valley. The city’s strategic location, just 30 miles from the Gulf of Mexico, adds to its allure. Harlingen is a principal city of the Brownsville–Harlingen metropolitan area, which is part of the larger Brownsville-Harlingen-Raymondville combined statistical area, included in the Matamoros–Brownsville metropolitan area. Harlingen thrives at the nexus of Interstates 69 and 2, a key distribution and industrial hub. Interstate 69 connects the Valley to northern Texas and the US Midwest. As part of the Brownsville-Harlingen metro area, spanning 80 miles along the Rio Grande, the region boasts a population exceeding 1 million.

Harlingen’s Valley International Airport welcomes over 650,000 visitors yearly, emphasizing its role in transportation and distribution. The area’s border location amplifies the economic impact. From fertile agricultural lands along the Rio Grande to the rise of high-tech, including windmills and the SpaceX/Boca Chica spaceport, Harlingen’s diverse economic landscape positions it as a dynamic commercial real estate market.

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 Toyota, Hyundai, Chrysler, Kia, Chevrolet, Nissan and many more.
  • Near Numerous National Retailers including Sam's Club, Bass Pro Shops, H-E-B, Walmart Supercenter, Target, Academy Sports, Burlington, Hobby Lobby and more.
  • Located in the Heart of the The Rio Grande Valley, One of the Fastest Growing Regions in the U.S. Annual Retail Sales exceed $5 billion, 25% Which Comes from cross-Border Traffic. Site is Located 10 Miles from the U.S./Mexico International Border.
  • Densely Populated Area: Features more than 92k People Residing within a 5-Mile Radius. The City has been Experiencing a Growth Rate of 12.5% since the 2000 Census.
  • 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 | South TX - International Border | 15 Year Absolute Net Lease | 2024 Construction

Listing Price: $5,404,913

Cap Rate
6.35%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.6
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$335.71
Lease Type
Absolute Net
Rent Per Square Feet
$21.32

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 Toyota, Hyundai, Chrysler, Kia, Chevrolet, Nissan and many more.
  • Near Numerous National Retailers including Sam's Club, Bass Pro Shops, H-E-B, Walmart Supercenter, Target, Academy Sports, Burlington, Hobby Lobby and more.
  • Located in the Heart of the The Rio Grande Valley, One of the Fastest Growing Regions in the U.S. Annual Retail Sales exceed $5 billion, 25% Which Comes from cross-Border Traffic. Site is Located 10 Miles from the U.S./Mexico International Border.
  • Densely Populated Area: Features more than 92k People Residing within a 5-Mile Radius. The City has been Experiencing a Growth Rate of 12.5% since the 2000 Census.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Harlingen, nestled in the heart of the Rio Grande Valley, continues to be a key player in the commercial real estate scene. Spanning over 40 square miles, it stands as the second-largest city in Cameron County and the fourth-largest in the Rio Grande Valley. The city’s strategic location, just 30 miles from the Gulf of Mexico, adds to its allure. Harlingen is a principal city of the Brownsville–Harlingen metropolitan area, which is part of the larger Brownsville-Harlingen-Raymondville combined statistical area, included in the Matamoros–Brownsville metropolitan area. Harlingen thrives at the nexus of Interstates 69 and 2, a key distribution and industrial hub. Interstate 69 connects the Valley to northern Texas and the US Midwest. As part of the Brownsville-Harlingen metro area, spanning 80 miles along the Rio Grande, the region boasts a population exceeding 1 million. Harlingen’s Valley International Airport welcomes over 650,000 visitors yearly, emphasizing its role in transportation and distribution. The area’s border location amplifies the economic impact. From fertile agricultural lands along the Rio Grande to the rise of high-tech, including windmills and the SpaceX/Boca Chica spaceport, Harlingen’s diverse economic landscape positions it as a dynamic commercial real estate market.

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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