Auto Service - Gas-Conv

Caliber Collision | DFW Metro| 15Yr Abs Net Lease | Qualifies for Accelerated Depreciation

Listing Price: $4,947,250

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.50
Gross SF
16,334
Guarantor
Corporate Guarantee
Rentable SF
16,334
Price/Gross SF
$302.88
Lease Type
Absolute Net
Rent Per Square Feet
$18.17

Investment Overview

Melissa is a city in Collin County, Texas, United States. Collin County is a county in the U.S. state of Texas. It is estimated that Collin County’s population reached 1,005,146 in 2018. Collin County is part of 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

  • Affluent Area: Features an Average Household Income of more than $118k within a 3-Mile Radius.
  • Positioned Along Area's Major Traffic & Industrial Corridor. Features Easy Access and Excellent Visibility. Near Hwy-121 (19k+ VPD) and US-75 (77k+ VPD).
  • 15 Year 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 1,100 Locations in 37 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.

Exclusively Listed By

Auto Service - Gas-Conv

Caliber Collision | DFW Metro| 15Yr Abs Net Lease | Qualifies for Accelerated Depreciation

Listing Price: $4,947,250

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.50
Gross SF
16,334
Guarantor
Corporate Guarantee
Rentable SF
16,334
Price/Gross SF
$302.88
Lease Type
Absolute Net
Rent Per Square Feet
$18.17

Investment Highlights

  • Affluent Area: Features an Average Household Income of more than $118k within a 3-Mile Radius.
  • Positioned Along Area's Major Traffic & Industrial Corridor. Features Easy Access and Excellent Visibility. Near Hwy-121 (19k+ VPD) and US-75 (77k+ VPD).
  • 15 Year 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 1,100 Locations in 37 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.

Investment Overview

Melissa is a city in Collin County, Texas, United States. Collin County is a county in the U.S. state of Texas. It is estimated that Collin County’s population reached 1,005,146 in 2018. Collin County is part of 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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