Auto Parts
Caliber Collision
16337 Park Row Blvd, Houston, TX 77084
Listing Price: $5,999,000
Cap Rate
5.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
6.9
Gross SF
36,635
Guarantor
Corporate Guarantee
Rentable SF
36,635
Price/Gross SF
$163.75
Lease Type
Absolute Net
Rent Per Square Feet
$9.01
Investment Overview
Immediate on/off access to I-10 (255,000+ VPD), directly adjacent to dealer row
Caliber Collision
Investment Highlights
- Absolute NNN Lease – tenant covers taxes, insurance, and maintenance; zero landlord responsibilities
- Backed by a corporate guaranty from CH Hold Corp
- Below Market Rent – in-place rent of $9.00/SF sits ~30% below market
- Sole collision repair provider in the immediate trade area, with nearest consolidator shop ~5 miles away, limiting competitive displacement risk
- Purpose-built, heavily capitalized facility ($633K TI investment) reduces likelihood of tenant relocation
- ~7 years remaining on the initial term, plus two 5-year options extending into 2043
- Healthy 10% rent increases every five years, next increase on 9/1/2028
Exclusively Listed By
Listing Price: $5,999,000
Cap Rate
5.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
6.9
Gross SF
36,635
Guarantor
Corporate Guarantee
Rentable SF
36,635
Price/Gross SF
$163.75
Lease Type
Absolute Net
Rent Per Square Feet
$9.01
Investment Highlights
- Absolute NNN Lease – tenant covers taxes, insurance, and maintenance; zero landlord responsibilities
- Backed by a corporate guaranty from CH Hold Corp
- Below Market Rent – in-place rent of $9.00/SF sits ~30% below market
- Sole collision repair provider in the immediate trade area, with nearest consolidator shop ~5 miles away, limiting competitive displacement risk
- Purpose-built, heavily capitalized facility ($633K TI investment) reduces likelihood of tenant relocation
- ~7 years remaining on the initial term, plus two 5-year options extending into 2043
- Healthy 10% rent increases every five years, next increase on 9/1/2028
Investment Overview
Immediate on/off access to I-10 (255,000+ VPD), directly adjacent to dealer row
Exclusively Listed By
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