Auto Service - Gas-Conv

Caliber Collision | The Woodlands | 15Yr Absolute Net Lease | Qualifies for Accelerated Depreciation

Canyon Ranch Dr, The Woodlands (Houston MSA), TX 77386

Listing Price: $6,343,150

Cap Rate
5.65%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.20
Gross SF
18,635
Guarantor
Corporate Guarantee
Rentable SF
18,635
Price/Gross SF
$340.39
Lease Type
Absolute Net
Rent Per Square Feet
$19.23

Investment Overview

Spring is a census-designated place (CDP) within the extraterritorial jurisdiction of Houston in Harris County, Texas, part of the Houston–The Woodlands–Sugar Land metropolitan area. Houston is the most populous city in Texas and the fourth-most populous city in the United States located in Southeast Texas near the Gulf of Mexico. The city is also the most diverse city in Texas and is home to many cultural institutions and exhibits, which attract more than 7 million visitors a year. Houston is recognized worldwide for its energy industry, particularly for oil and natural gas. Renewable energy sources, including wind and solar, are also growing economic bases in the city.

Investment Highlights

  • Just South of The Woodlands: The Most Prosperous Suburb of Houston and the Region's Largest Employment Center.
  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2021 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,100 Locations in 37 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Densely Populated and Affluent Area: Features an Average Household Income of $125k+ within a 3-Mile Radius and more than 139k People Residing within a 5-Mile Radius.
  • Densely Populated and Affluent Area: Features an Average Household Income of $125k+ within a 3-Mile Radius and more than 139k People Residing within a 5-Mile Radius.
  • Near Numerous National Retailers including Walmart Supercenter, H-E-B, Kroger, ALDI, CVS Pharmacy, Petsmart and many more.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    License(s): TX: 0606255

    Texas

Auto Service - Gas-Conv

Caliber Collision | The Woodlands | 15Yr Absolute Net Lease | Qualifies for Accelerated Depreciation

Listing Price: $6,343,150

Cap Rate
5.65%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.20
Gross SF
18,635
Guarantor
Corporate Guarantee
Rentable SF
18,635
Price/Gross SF
$340.39
Lease Type
Absolute Net
Rent Per Square Feet
$19.23

Investment Highlights

  • Just South of The Woodlands: The Most Prosperous Suburb of Houston and the Region's Largest Employment Center.
  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2021 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,100 Locations in 37 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Densely Populated and Affluent Area: Features an Average Household Income of $125k+ within a 3-Mile Radius and more than 139k People Residing within a 5-Mile Radius.
  • Densely Populated and Affluent Area: Features an Average Household Income of $125k+ within a 3-Mile Radius and more than 139k People Residing within a 5-Mile Radius.
  • Near Numerous National Retailers including Walmart Supercenter, H-E-B, Kroger, ALDI, CVS Pharmacy, Petsmart and many more.

Investment Overview

Spring is a census-designated place (CDP) within the extraterritorial jurisdiction of Houston in Harris County, Texas, part of the Houston–The Woodlands–Sugar Land metropolitan area. Houston is the most populous city in Texas and the fourth-most populous city in the United States located in Southeast Texas near the Gulf of Mexico. The city is also the most diverse city in Texas and is home to many cultural institutions and exhibits, which attract more than 7 million visitors a year. Houston is recognized worldwide for its energy industry, particularly for oil and natural gas. Renewable energy sources, including wind and solar, are also growing economic bases in the city.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    License(s): TX: 0606255

    Texas

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