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Auto Service - Gas-Conv

Caliber Collision | Lubbock - Home of Texas Tech | 15 Yr Absolute Net Lease | Brand New Construction

6901 Marsha Sharp Fwy W, Lubbock, TX 79407

Listing Price: $6,483,250

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.7
Gross SF
17,525
Guarantor
Corporate Guarantee
Rentable SF
17,525
Price/Gross SF
$369.94
Lease Type
Absolute Net
Rent Per Square Feet
$22.20

Investment Overview

Lubbock, Texas, is a vibrant city located in the Texas Panhandle. Known as the “Hub City” due to its role as an economic, educational, and cultural center for the region, Lubbock boasts a population of over 260,000 residents. It blends a small-town feel with the amenities of a growing metropolitan area.

Education and Culture
Lubbock is home to Texas Tech University, which significantly influences the city’s culture and economy. The university brings a youthful energy to the area, along with a range of sports, arts, and academic events. The National Ranching Heritage Center and the Buddy Holly Center are cultural highlights, celebrating the city’s history and its most famous musical icon, Buddy Holly.

Economy and Industry
Lubbock’s economy thrives on agriculture, healthcare, education, and a growing tech sector. Cotton farming remains a cornerstone of the local economy, with the city positioned as a global leader in cotton production. The medical industry is also prominent, with several major hospitals and clinics serving the region.

Recreation and Lifestyle
Residents and visitors enjoy numerous parks, golf courses, and outdoor attractions like the Lubbock Lake Landmark, a natural history preserve. Mackenzie Park, the city’s largest, offers playgrounds, trails, and the popular Joyland Amusement Park. For nightlife and dining, the Depot District is a hub of activity, featuring live music, restaurants, and breweries.

Connectivity
Lubbock Preston Smith International Airport connects the city to major hubs, while highways like Interstate 27 provide easy access to surrounding areas.

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 2025 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.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction.
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Nissan, Infinity, Volvo, Chevrolet, Buick, Subaru, Dodge, Chrysler, Jeep, Fiat, GMC, Honda and many more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $101k within a 1-Mile Radius and over 164k People Residing within a 5-Mile Radius.
  • Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System. The University Currently Enrolls 40,525+ Students, making it the Sixth-Largest University in Texas.
  • 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 Downtown

  • 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 | Lubbock - Home of Texas Tech | 15 Yr Absolute Net Lease | Brand New Construction

Listing Price: $6,483,250

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.7
Gross SF
17,525
Guarantor
Corporate Guarantee
Rentable SF
17,525
Price/Gross SF
$369.94
Lease Type
Absolute Net
Rent Per Square Feet
$22.20

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 2025 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.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction.
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Nissan, Infinity, Volvo, Chevrolet, Buick, Subaru, Dodge, Chrysler, Jeep, Fiat, GMC, Honda and many more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $101k within a 1-Mile Radius and over 164k People Residing within a 5-Mile Radius.
  • Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System. The University Currently Enrolls 40,525+ Students, making it the Sixth-Largest University in Texas.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Lubbock, Texas, is a vibrant city located in the Texas Panhandle. Known as the “Hub City” due to its role as an economic, educational, and cultural center for the region, Lubbock boasts a population of over 260,000 residents. It blends a small-town feel with the amenities of a growing metropolitan area. Education and Culture Lubbock is home to Texas Tech University, which significantly influences the city’s culture and economy. The university brings a youthful energy to the area, along with a range of sports, arts, and academic events. The National Ranching Heritage Center and the Buddy Holly Center are cultural highlights, celebrating the city’s history and its most famous musical icon, Buddy Holly. Economy and Industry Lubbock’s economy thrives on agriculture, healthcare, education, and a growing tech sector. Cotton farming remains a cornerstone of the local economy, with the city positioned as a global leader in cotton production. The medical industry is also prominent, with several major hospitals and clinics serving the region. Recreation and Lifestyle Residents and visitors enjoy numerous parks, golf courses, and outdoor attractions like the Lubbock Lake Landmark, a natural history preserve. Mackenzie Park, the city’s largest, offers playgrounds, trails, and the popular Joyland Amusement Park. For nightlife and dining, the Depot District is a hub of activity, featuring live music, restaurants, and breweries. Connectivity Lubbock Preston Smith International Airport connects the city to major hubs, while highways like Interstate 27 provide easy access to surrounding areas.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • 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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