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Caliber Collision | Corpus Christi MSA | 15 Year Absolute Net Lease | Brand New 2022 Construction

240 Reliant Dr, Portland (Corpus Christi MSA), TX 78374

Listing Price: Request For Offer

Tenant Name
Caliber Collision
Years Remaining On Lease
15.4
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net

Investment Overview

Portland is a city in Nueces and San Patricio Counties in the U.S. state of Texas. Nueces County as of the 2010 census, the population was 340,223, making it the 14th-most populous county in the state. The county seat is Corpus Christi. The county was formed in 1846 from portions of San Patricio County and organized the following year. It is named for the Nueces River, which marks the county’s northwestern boundary with San Patricio County before emptying into its mouth at Nueces Bay north of the port of Corpus Christi. Nueces County is part of the Corpus Christi metropolitan statistical area. The Corpus Christi metropolitan statistical area is a metropolitan area in South Texas that covers three counties—Aransas, Nueces, and San Patricio. As of the 2000 census, the MSA had a population of 413,280 (though a July 1, 2013 estimate placed the population at 442,600).

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2022 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 39 States.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 39 States.
  • Located in the Heart of Portland's Commercial District - Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 11k Vehicles. Immediate Access to/from US-181 (66k+ VPD).
  • In Close Proximity to Numerous National Retailers including Walmart Supercenter, H-E-B, Academy Sports, CVS Pharmacy, Walgreens, Planet Fitness and many more.
  • Affluent Area: Features an Average Household Income of more than $100k within a 1-Mile Radius. Located Across from Portland Community Center. Walking Distance from Gregory-Portland High School (1,350+ Students).

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    License(s) TX: 0606255

    Texas

Auto Service - Gas-Conv

Caliber Collision | Corpus Christi MSA | 15 Year Absolute Net Lease | Brand New 2022 Construction

Listing Price: Request For Offer

Tenant Name
Caliber Collision
Years Remaining On Lease
15.4
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2022 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 39 States.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 39 States.
  • Located in the Heart of Portland's Commercial District - Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 11k Vehicles. Immediate Access to/from US-181 (66k+ VPD).
  • In Close Proximity to Numerous National Retailers including Walmart Supercenter, H-E-B, Academy Sports, CVS Pharmacy, Walgreens, Planet Fitness and many more.
  • Affluent Area: Features an Average Household Income of more than $100k within a 1-Mile Radius. Located Across from Portland Community Center. Walking Distance from Gregory-Portland High School (1,350+ Students).

Investment Overview

Portland is a city in Nueces and San Patricio Counties in the U.S. state of Texas. Nueces County as of the 2010 census, the population was 340,223, making it the 14th-most populous county in the state. The county seat is Corpus Christi. The county was formed in 1846 from portions of San Patricio County and organized the following year. It is named for the Nueces River, which marks the county’s northwestern boundary with San Patricio County before emptying into its mouth at Nueces Bay north of the port of Corpus Christi. Nueces County is part of the Corpus Christi metropolitan statistical area. The Corpus Christi metropolitan statistical area is a metropolitan area in South Texas that covers three counties—Aransas, Nueces, and San Patricio. As of the 2000 census, the MSA had a population of 413,280 (though a July 1, 2013 estimate placed the population at 442,600).

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    License(s): TX: 0606255

    Texas

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