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Auto Service - Gas-Conv

Christian Brothers Automotive | 11+ Years Remaining | 1.50% Annual Increases in Rent | Houston MSA

1515 FM646, League City, TX 77573

Listing Price: $3,322,000

Cap Rate
5.50%
Tenant Name
Christian Brothers Automotive
Years Remaining On Lease
11.2
Guarantor
Corporate Guarantee
Rentable SF
4,291
Lease Type
Absolute Net
Rent Per Square Feet
$42.57

Investment Overview

The Sulo Group is pleased to present a Christian Brothers Automotive located in League City, TX.

Investment Highlights

  • Strong Corporate Guarantee with 200-Plus Locations – Headquartered in Houston, TX
  • CBA is Growing at 15-20 Locations per Year and Never Closed a Store
  • 11-Plus Years Remaining on an Original 20-Year Lease with Five, 10-Year Options
  • Absolute-Net Lease with Zero Landlord Responsibilities
  • 1.50 Percent Annual Increases in Rent
  • Houston MSA – Fourth Most Populous City in the United States

Exclusively Listed By

Auto Service - Gas-Conv

Christian Brothers Automotive | 11+ Years Remaining | 1.50% Annual Increases in Rent | Houston MSA

Listing Price: $3,322,000

Cap Rate
5.50%
Tenant Name
Christian Brothers Automotive
Years Remaining On Lease
11.2
Guarantor
Corporate Guarantee
Rentable SF
4,291
Lease Type
Absolute Net
Rent Per Square Feet
$42.57

Investment Highlights

  • Strong Corporate Guarantee with 200-Plus Locations – Headquartered in Houston, TX
  • CBA is Growing at 15-20 Locations per Year and Never Closed a Store
  • 11-Plus Years Remaining on an Original 20-Year Lease with Five, 10-Year Options
  • Absolute-Net Lease with Zero Landlord Responsibilities
  • 1.50 Percent Annual Increases in Rent
  • Houston MSA – Fourth Most Populous City in the United States

Investment Overview

The Sulo Group is pleased to present a Christian Brothers Automotive located in League City, TX.

Exclusively Listed By

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