$7,150,000 USD
214-267-0494
5351 W Sublett Rd
Arlington, TX 76017
South Arlington
HIGHLIGHTS
- • Caliber Collision’s parent company, CH Holding Corp. is a guarantor of the lease
- • Caliber Auto Care was acquired by Sun Auto Tire & Service
- • Now a Top-5 independent tire dealer and service brand in the USA
- • Over 520 retail locations under more than 40 brands
- • Sun Auto Tire & Service is majority owned by PE firm Leonard Green & Partners with +$75 billion in assets
OVERVIEW
LEASE STRUCTURE: Absolute Net
Tenant responsible for all operating expenses, including roof and structure
TENANT SINCE: Q2 2020
BASE RENTAL RATE: $34,181 per month
May 1, 2026: $37,599 per month
May 1, 2031: $41,359 per month
LEASE EXPIRATION: April 30, 2036
RENEW OPTIONS: Option 1 – Five (5) years at 10% increase from expiring rate ($45,495 per month)
Option 2 – Five (5) years at 10% increase from expiring rate ($50,045 per month)
RIGHT OF FIRST OFFER: Tenant has a ROFO with a 20-day notice period
FOR SALE DETAILS
PRICE
$7,150,000 USD
PRICE/SF
$644 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.7 AC
LAND SF
74,200 SF
ZONING
-
APN/PARCEL ID
42549513
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214-267-0494
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214-267-0494
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