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Caliber Collision 28310 TX-249 29,756 SF Retail Building Tomball, TX 77375 $5,726,762 CAD ($192.46 CAD/SF) 5.85% Cap Rate
INVESTMENT HIGHLIGHTS
- 1978 Construction/2015 Renovation. 29,756+/- SF Building on 4.037+/- Acre Site
- Excellent Demographics – 103,188+ Residents w/in 5-Mile Radius w/ an Average Household Income of $145,762+
- Fixing More Than 450k Vehicles Per Year, Caliber Collision is an Investment Grade Tenant with 1,835+ Stores & $6B in Revenue
- Subject Property is Located on Business State Highway 249 (22,900+ VPD), right off of Tomball Tollway (35,800+ VPD)
- 0.25 Miles from HCA Houston Healthcare Tomball – 350-Bed Acute Care Hospital with a Level III Trauma Center
- Tomball | Located in the Houston, TX MSA | Houston Population: 2.3M+
EXECUTIVE SUMMARY
10-Year Corporate Absolute NNN Lease with 10% Rental Increases Every 5 Years, Plus (2) 5-Year Options to Renew
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
29,756 SF
Building Class
C
Year Built/Renovated
1978/2015
Price
$5,726,762 CAD
Price Per SF
$192.46 CAD
Cap Rate
5.85%
NOI
$335,049 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
4.03 AC
Parking
68 Spaces (2.29 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1174370050001 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,316,372 CAD | Total Assessment | $1,316,372 CAD |
PROPERTY TAXES
Parcel Number
1174370050001
Land Assessment
$1,316,372 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,316,372 CAD
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Caliber Collision | 28310 TX-249
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