$5,380,000 USD
858-449-9922
HIGHLIGHTS
- • Long-Term Absolute NNN Lease - Approximately 6 years remaining with no landlord maintenance or expense responsibilities
- • Rental Increases - The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option
- • Strong Tenancy - Caliber Collision is the largest collision repair company in America
- • Densely Populated and Affluent Trade Area - More than 443,000 residents and 181,000 employees within 5 miles
- • High Traffic / Excellent Visibility - Just west of the on-ramp to Southwest Freeway (235,599 VPD) and ½ mile S of Sam Houston Tollway (158,755 VPD)
- • Strong Automotive Sector Synergy - Surrounded by several car dealerships (Ford, BMW, Toyota, Nissan, Lexus, Mazda, Honda, Hyundai, Infiniti, etc.)
FOR SALE DETAILS
PRICE
$5,380,000 USD
PRICE/SF
$377 USD /SF
CAP RATE
6.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Caliber Collision - Houston, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Auto Repair, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.94 AC
LAND SF
128,010 SF
ZONING
-
APN/PARCEL ID
1363170010001
ASK ABOUT THIS PROPERTY
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858-449-9922
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858-449-9922
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