Auto Service - Gas-Conv

Caliber Collision | Houston MSA | 15-Yr Absolute Net Lease | Qualifies for Accelerated Depreciation

Listing Price: $5,094,701

Cap Rate
5.85%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.10
Gross SF
18,684
Guarantor
Corporate Guarantee
Rentable SF
18,684
Price/Gross SF
$272.68
Lease Type
Absolute Net
Rent Per Square Feet
$15.95

Investment Overview

Fresno is an unincorporated community and census-designated place in Fort Bend County, Texas. Fresno is located in the extra-territorial jurisdiction of Houston, which is the fourth largest city in the nation in population. Fresno is bordered by Houston to the north, the suburban Fort Bend County cities of Missouri City to the west and northwest, Arcola to the south and southwest, and the Brazoria County city of Pearland to the east. Houston is the most populous city in Texas, located in Southeast Texas near the Gulf of Mexico. The city is also the most diverse city in Texas and is home to many cultural institutions and exhibits, which attract more than 7 million visitors a year. Houston is recognized worldwide for its energy industry, particularly for oil and natural gas. Renewable energy sources, including wind and solar, are also growing economic bases in the city.

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 2020 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.
  • Densely Populated Affluent Area: Features an Average Household Income of $109k+ and more than 91k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Traffic & Industrial Corridor. Features Easy Access and Excellent Visibility w/ Daily Traffic Counts Exceeding 17k Vehicles.

Exclusively Listed By

Auto Service - Gas-Conv

Caliber Collision | Houston MSA | 15-Yr Absolute Net Lease | Qualifies for Accelerated Depreciation

Listing Price: $5,094,701

Cap Rate
5.85%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.10
Gross SF
18,684
Guarantor
Corporate Guarantee
Rentable SF
18,684
Price/Gross SF
$272.68
Lease Type
Absolute Net
Rent Per Square Feet
$15.95

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 2020 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.
  • Densely Populated Affluent Area: Features an Average Household Income of $109k+ and more than 91k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Traffic & Industrial Corridor. Features Easy Access and Excellent Visibility w/ Daily Traffic Counts Exceeding 17k Vehicles.

Investment Overview

Fresno is an unincorporated community and census-designated place in Fort Bend County, Texas. Fresno is located in the extra-territorial jurisdiction of Houston, which is the fourth largest city in the nation in population. Fresno is bordered by Houston to the north, the suburban Fort Bend County cities of Missouri City to the west and northwest, Arcola to the south and southwest, and the Brazoria County city of Pearland to the east. Houston is the most populous city in Texas, located in Southeast Texas near the Gulf of Mexico. The city is also the most diverse city in Texas and is home to many cultural institutions and exhibits, which attract more than 7 million visitors a year. Houston is recognized worldwide for its energy industry, particularly for oil and natural gas. Renewable energy sources, including wind and solar, are also growing economic bases in the city.

Exclusively Listed By

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