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Joe Hudson's Collision Center | Annual Incrs 1512 Gardner Blvd 16,000 SF Retail Building Columbus, MS 39702 $2,745,775 CAD ($171.61 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 9-Years Remaining | Annual Increases | Options To Extend | 4th Largest Collision Shop Operator | Strong Performing Location
- The Golden Triangle | Large-Scale Manufacturing Sector |Columbus Air Force Base | Mississippi State University
- NN | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area | Multi-Family Units
EXECUTIVE SUMMARY
SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN, corporate signed, Joe Hudson’s Collision Center investment property located in Columbus, Mississippi. The tenant has 9-years remaining on its lease with 4 (5-year) options to extend. The lease features annual 2% rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Headquartered in Montgomery, Alabama, Joe Hudson’s Collision Centers is the 4th largest full-service collision shop operator in the country with 250+ collision repair shops. In 2019, TSG Consumer Partners, a leading private equity firm with over $9 billion in total assets, acquired majority stake in the company with focus on further building the best in class brand. The subject property is a strong performing brand location (contact broker for details).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
16,000 SF
Year Built/Renovated
1989/2021
Price
$2,745,775 CAD
Price Per SF
$171.61 CAD
Cap Rate
7%
NOI
$192,218 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.33 AC
Zoning
LI - Light Industrial
Parking
20 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Joe Hudson's Collision Center
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Joe Hudson's Collision Center | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 55W18-00-04509 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $58,826 CAD |
PROPERTY TAXES
Parcel Number
55W18-00-04509
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$58,826 CAD
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Joe Hudson's Collision Center | Annual Incrs | 1512 Gardner Blvd
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