Skip to main content

Auto Service - Gas-Conv

Gerber Collision

1131 Staffordshire Rd, Stafford, TX 77477

Listing Price: $1,820,000

Cap Rate
7.25%
Tenant Name
Gerber Collision & Glass
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
7,015
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.82

Investment Overview

Single-Tenant Net Lease Auto Repair Investment Property
- Passive Ownership Structure via NNN Lease
- Attractive Capital Expenditure Reimbursement Language

Leased to Gerber Collision | 1,000+ Locations
- 2nd Largest Multi-shop Operator (MSO) in the Country

Recent Acquisition of Existing Business [2023]
- Continued Occupancy Since 1994 | 30+ Year History

Property has a Special-Use Permit (SUP) for Auto Repair
- High Barrier to Entry for Auto Repair Businesses
- Limits Competitors from Entering the Market

Versatile Property Positioned at a Signalized Corner
- Quick Access to U.S. Route 90 Alternate | 52,000 VPD

Attractive Demographics | Steady Population Growth
- 1,220,000 People Within a 10-Mile Radius
- Top Five Metro in the U.S | Houston, TX MSA

Investment Highlights

  • Single-Tenant Net Lease Auto Repair Investment Property - Passive Ownership Structure via NNN Lease - Attractive Capital Expenditure Reimbursement Language
  • Leased to Gerber Collision | 1,000+ Locations - 2nd Largest Multi-shop Operator (MSO) in the Country
  • Recent Acquisition of Existing Business [2023] - Continued Occupancy Since 1994 | 30+ Year History
  • Property has a Special-Use Permit (SUP) for Auto Repair - High Barrier to Entry for Auto Repair Businesses - Limits Competitors from Entering the Market
  • Versatile Property Positioned at a Signalized Corner - Quick Access to U.S. Route 90 Alternate | 52,000 VPD
  • Attractive Demographics | Steady Population Growth - 1,220,000 People Within a 10-Mile Radius - Top Five Metro in the U.S | Houston, TX MSA

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Service - Gas-Conv

Gerber Collision

Listing Price: $1,820,000

Cap Rate
7.25%
Tenant Name
Gerber Collision & Glass
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
7,015
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.82

Investment Highlights

  • Single-Tenant Net Lease Auto Repair Investment Property - Passive Ownership Structure via NNN Lease - Attractive Capital Expenditure Reimbursement Language
  • Leased to Gerber Collision | 1,000+ Locations - 2nd Largest Multi-shop Operator (MSO) in the Country
  • Recent Acquisition of Existing Business [2023] - Continued Occupancy Since 1994 | 30+ Year History
  • Property has a Special-Use Permit (SUP) for Auto Repair - High Barrier to Entry for Auto Repair Businesses - Limits Competitors from Entering the Market
  • Versatile Property Positioned at a Signalized Corner - Quick Access to U.S. Route 90 Alternate | 52,000 VPD
  • Attractive Demographics | Steady Population Growth - 1,220,000 People Within a 10-Mile Radius - Top Five Metro in the U.S | Houston, TX MSA

Investment Overview

Single-Tenant Net Lease Auto Repair Investment Property - Passive Ownership Structure via NNN Lease - Attractive Capital Expenditure Reimbursement Language Leased to Gerber Collision | 1,000+ Locations - 2nd Largest Multi-shop Operator (MSO) in the Country Recent Acquisition of Existing Business [2023] - Continued Occupancy Since 1994 | 30+ Year History Property has a Special-Use Permit (SUP) for Auto Repair - High Barrier to Entry for Auto Repair Businesses - Limits Competitors from Entering the Market Versatile Property Positioned at a Signalized Corner - Quick Access to U.S. Route 90 Alternate | 52,000 VPD Attractive Demographics | Steady Population Growth - 1,220,000 People Within a 10-Mile Radius - Top Five Metro in the U.S | Houston, TX MSA

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

MM Texture Background
MM Textured Background Lower