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Caliber Collision Center | Affluent Houston Submarket | Long Term Absolute Net Lease

21930 Valley Ranch Crossing Dr, Porter (Houston MSA), TX 77365

Listing Price: $6,348,824

Cap Rate
5.25%
Tenant Name
Caliber Collision
Years Remaining On Lease
13.9
Gross SF
18,600
Guarantor
Corporate Guarantee
Rentable SF
18,600
Price/Gross SF
$341.33
Lease Type
Absolute Net
Rent Per Square Feet
$17.92

Investment Overview

Porter is an unincorporated community in Montgomery County in southeastern Texas within the Houston–The Woodlands–Sugar Land metropolitan area. The City is north of the Kingwood area of Houston. Montgomery County’s Population Between 2000 and 2010 grew by 55%, the 24th-fastest rate of growth of any county in the United States. The Houston–The Woodlands–Sugar Land MSA serves as a major anchor and economic hub for the Gulf Coast. Its Port of Houston is the second largest port in the United States, sixteenth largest in the world, and leads the U.S. in international trade. Greater Houston has the seventh-highest metropolitan-area gross domestic product in the United States, valued at $490 billion in 2017 and is home to the headquarters of 22 Fortune 500 companies, ranking fourth among all metropolitan statistical areas.

Investment Highlights

  • Long Term 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 1,235 Locations in 39 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Within Valley Ranch Crossing - Located at the Main Entrance of the Valley Ranch Master Planned Community. It Consists of 2,000 Single-Family Homes, 1,200+ Multifamily Units & 17,000+ Sq.Ft. of Retail. Valley Ranch - 1,400-Acre Mixed-Use, Master Planned Community that offers a Variety of Commercial Real Estate Options, including New Industrial, Office and Retail Space. It is one of the Largest Master-Planned Communities in the Houston Area.
  • Densely Populated and Affluent Houston Suburb: Features an Average Household Income of $96k+ and over 103k People Residing within a 5-Mile Radius.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments/Under Construction.
  • In Close Proximity to Valley Ranch Town Center - A Premier Shopping Center featuring more than 1.5M Sq.Ft. of Shops, Restaurants, Retail, Entertainment, a 8,500 Seat Stadium and a Planned Outdoor Amphitheater.
  • Located in one of the Fastest Growing Counties in the United States - Montgomery County Consistently Ranked in the Top 20 for Growth in Over Two Decades.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    License(s): TX: 0606255

    Texas

Auto Service - Gas-Conv

Caliber Collision Center | Affluent Houston Submarket | Long Term Absolute Net Lease

Listing Price: $6,348,824

Cap Rate
5.25%
Tenant Name
Caliber Collision
Years Remaining On Lease
13.9
Gross SF
18,600
Guarantor
Corporate Guarantee
Rentable SF
18,600
Price/Gross SF
$341.33
Lease Type
Absolute Net
Rent Per Square Feet
$17.92

Investment Highlights

  • Long Term 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 1,235 Locations in 39 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Within Valley Ranch Crossing - Located at the Main Entrance of the Valley Ranch Master Planned Community. It Consists of 2,000 Single-Family Homes, 1,200+ Multifamily Units & 17,000+ Sq.Ft. of Retail. Valley Ranch - 1,400-Acre Mixed-Use, Master Planned Community that offers a Variety of Commercial Real Estate Options, including New Industrial, Office and Retail Space. It is one of the Largest Master-Planned Communities in the Houston Area.
  • Densely Populated and Affluent Houston Suburb: Features an Average Household Income of $96k+ and over 103k People Residing within a 5-Mile Radius.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments/Under Construction.
  • In Close Proximity to Valley Ranch Town Center - A Premier Shopping Center featuring more than 1.5M Sq.Ft. of Shops, Restaurants, Retail, Entertainment, a 8,500 Seat Stadium and a Planned Outdoor Amphitheater.
  • Located in one of the Fastest Growing Counties in the United States - Montgomery County Consistently Ranked in the Top 20 for Growth in Over Two Decades.

Investment Overview

Porter is an unincorporated community in Montgomery County in southeastern Texas within the Houston–The Woodlands–Sugar Land metropolitan area. The City is north of the Kingwood area of Houston. Montgomery County’s Population Between 2000 and 2010 grew by 55%, the 24th-fastest rate of growth of any county in the United States. The Houston–The Woodlands–Sugar Land MSA serves as a major anchor and economic hub for the Gulf Coast. Its Port of Houston is the second largest port in the United States, sixteenth largest in the world, and leads the U.S. in international trade. Greater Houston has the seventh-highest metropolitan-area gross domestic product in the United States, valued at $490 billion in 2017 and is home to the headquarters of 22 Fortune 500 companies, ranking fourth among all metropolitan statistical areas.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    License(s): TX: 0606255

    Texas

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