Auto Service - Gas-Conv

Caliber Auto Care | Dallas-Fort Worth MSA | 15Yr Abs Net Lease | Qualifies for Accel. Depreciation

610 Murphy Rd, Murphy (Dallas-Fort Worth MSA), TX 77477

Listing Price: $6,902,550

Cap Rate
6.00%
Tenant Name
Caliber Collision (Service First)
Years Remaining On Lease
15.00
Gross SF
10,250
Guarantor
Corporate Guarantee
Rentable SF
10,250
Price/Gross SF
$673.42
Lease Type
Absolute Net
Rent Per Square Feet
$40.41

Investment Overview

Murphy is located in southern Collin County, within the Dallas–Fort Worth metroplex. Situated midway between Plano and Wylie on FM 544, Murphy is 2 miles south of the famous Southfork Ranch. Murphy shares borders with Plano to the west, Richardson to the southwest, Sachse to the south, Wylie to the east, and Parker to the north. It is 22 miles northeast of downtown Dallas and about 34 miles east of Dallas/Fort Worth International Airport.The Dallas-Fort Worth-Arlington metropolitan statistical area, which according to the U.S. Census Bureau’s 2018 population estimates, is the most populous metropolitan area in both Texas and the Southern United States, the fourth-largest in the U.S. The region’s economy is primarily based on banking, commerce, insurance, telecommunications, technology, energy, healthcare, medical research, transportation and logistics. In 2020, Dallas–Fort Worth is home to 25 Fortune 500 companies. Currently the region boasts a GDP of just over $620.6 billion in 2020.

Investment Highlights

  • New 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2020 High Quality Construction.
  • Strong Corporate Backing by Caliber Collision Featuring an Approximate Annual Revenue of Nearly $4 Billion. Caliber Collision recently merged with ABRA, creating a Leading Collision Repair Chain.
  • Hellman & Friedman, Private Equity Firm ($25 Billion Total Assets) will become Majority Owners of Caliber Collision after Merger. OMERS (S&P: "AA+" $95 Billion Net Assets) and Leonard Green & Partners
  • Densely Populated Affluent Area: Features an Average Household Income of $132k+ within a 1-Mile Radius and over 184k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access & Excellent Visibility to Daily Traffic Counts Exceeding 43k Vehicles.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments/Under Construction.

Exclusively Listed By

Auto Service - Gas-Conv

Caliber Auto Care | Dallas-Fort Worth MSA | 15Yr Abs Net Lease | Qualifies for Accel. Depreciation

Listing Price: $6,902,550

Cap Rate
6.00%
Tenant Name
Caliber Collision (Service First)
Years Remaining On Lease
15.00
Gross SF
10,250
Guarantor
Corporate Guarantee
Rentable SF
10,250
Price/Gross SF
$673.42
Lease Type
Absolute Net
Rent Per Square Feet
$40.41

Investment Highlights

  • New 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2020 High Quality Construction.
  • Strong Corporate Backing by Caliber Collision Featuring an Approximate Annual Revenue of Nearly $4 Billion. Caliber Collision recently merged with ABRA, creating a Leading Collision Repair Chain.
  • Hellman & Friedman, Private Equity Firm ($25 Billion Total Assets) will become Majority Owners of Caliber Collision after Merger. OMERS (S&P: "AA+" $95 Billion Net Assets) and Leonard Green & Partners
  • Densely Populated Affluent Area: Features an Average Household Income of $132k+ within a 1-Mile Radius and over 184k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access & Excellent Visibility to Daily Traffic Counts Exceeding 43k Vehicles.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments/Under Construction.

Investment Overview

Murphy is located in southern Collin County, within the Dallas–Fort Worth metroplex. Situated midway between Plano and Wylie on FM 544, Murphy is 2 miles south of the famous Southfork Ranch. Murphy shares borders with Plano to the west, Richardson to the southwest, Sachse to the south, Wylie to the east, and Parker to the north. It is 22 miles northeast of downtown Dallas and about 34 miles east of Dallas/Fort Worth International Airport.The Dallas-Fort Worth-Arlington metropolitan statistical area, which according to the U.S. Census Bureau’s 2018 population estimates, is the most populous metropolitan area in both Texas and the Southern United States, the fourth-largest in the U.S. The region’s economy is primarily based on banking, commerce, insurance, telecommunications, technology, energy, healthcare, medical research, transportation and logistics. In 2020, Dallas–Fort Worth is home to 25 Fortune 500 companies. Currently the region boasts a GDP of just over $620.6 billion in 2020.

Exclusively Listed By

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