Auto Service - Gas-Conv

Caliber Auto Care | San Antonio | 15 Year Abs Net Lease | Qualifies for Accelerated Depreciation

NE Corner of Bandera Rd & Hausman Rd, San Antonio, TX 78023

Listing Price: $6,779,400

Cap Rate
6.00%
Tenant Name
Service First by Caliber Collision
Years Remaining On Lease
15.40
Gross SF
12,585
Guarantor
Corporate Guarantee
Rentable SF
12,585
Price/Gross SF
$538.69
Lease Type
Absolute Net
Rent Per Square Feet
$32.32

Investment Overview

San Antonio is the seventh-most populated city in the United States and is the second most populous city in the state of Texas. It is considered one of the fastest growing of the top ten largest cities in the United States from 2000 to 2010. The city’s economy is primarily focused within military, health care, government civil service, financial services, oil and gas, and tourism sectors. The U.S. armed forces have numerous locations in San Antonio including Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base, and Lackland AFB/ Kelly Field Annex. It is also home to numerous Fortune 500 companies including Valero Energy Corp, Tesoro Corp, USAA, iHeartMedia, CST Brands, INC. and more.

Investment Highlights

  • 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 ($23.5 Billion of Assets Under Management) will Remain Minority Owners.
  • Densely Populated Affluent Area: Features an Average Household Income of $117k+ within a 1-Mile Radius and over 206k 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 35k Vehicles.
  • Across from a Walmart and Surrounded by Numerous National Retailers including H-E-B Plus!, Home Depot, Lowe's, Target, Academy Sports, CVS and many more.
  • New 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2021 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.

Exclusively Listed By

Auto Service - Gas-Conv

Caliber Auto Care | San Antonio | 15 Year Abs Net Lease | Qualifies for Accelerated Depreciation

Listing Price: $6,779,400

Cap Rate
6.00%
Tenant Name
Service First by Caliber Collision
Years Remaining On Lease
15.40
Gross SF
12,585
Guarantor
Corporate Guarantee
Rentable SF
12,585
Price/Gross SF
$538.69
Lease Type
Absolute Net
Rent Per Square Feet
$32.32

Investment Highlights

  • 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 ($23.5 Billion of Assets Under Management) will Remain Minority Owners.
  • Densely Populated Affluent Area: Features an Average Household Income of $117k+ within a 1-Mile Radius and over 206k 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 35k Vehicles.
  • Across from a Walmart and Surrounded by Numerous National Retailers including H-E-B Plus!, Home Depot, Lowe's, Target, Academy Sports, CVS and many more.
  • New 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2021 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.

Investment Overview

San Antonio is the seventh-most populated city in the United States and is the second most populous city in the state of Texas. It is considered one of the fastest growing of the top ten largest cities in the United States from 2000 to 2010. The city’s economy is primarily focused within military, health care, government civil service, financial services, oil and gas, and tourism sectors. The U.S. armed forces have numerous locations in San Antonio including Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base, and Lackland AFB/ Kelly Field Annex. It is also home to numerous Fortune 500 companies including Valero Energy Corp, Tesoro Corp, USAA, iHeartMedia, CST Brands, INC. and more.

Exclusively Listed By

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