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Joe Hudson's Collision Center | 8yrs Corp NN 3688 Interstate 55 14,600 SF Retail Building Marion, AR 72364 $4,293,728 CAD ($294.09 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 8 Years Remaining | Annual Increases | Options to Extend | Corporate Guaranteed | 4th Largest Collision Shop Operator
- Excellent Visibility off I-55 (36,000 VPD) | Dense Retail Corridor
- NN | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area | Memphis MSA
EXECUTIVE SUMMARY
SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a corporate guaranteed Joe Hudson’s Collision Center investment property located in Marion, Arkansas (Memphis MSA). The tenant, JHCC Holdings, LLC, has 8 years remaining on its lease with 3 (5-year) options to extend. The lease features 2% annual rental increases throughout the initial term and each option period, providing a hedge 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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,600 SF
Building Class
B
Year Built
2000
Price
$4,293,728 CAD
Price Per SF
$294.09 CAD
Cap Rate
7%
NOI
$300,560 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.63 AC
Zoning
C-2 - Commercial
Parking
52 Spaces (3.56 Spaces per 1,000 SF Leased)
Frontage
112’ on Interstate 55
AMENITIES
- Corner Lot
- 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 | 233-700000-000 | Improvements Assessment | $107,717 CAD |
| Land Assessment | $40,796 CAD | Total Assessment | $148,513 CAD |
PROPERTY TAXES
Parcel Number
233-700000-000
Land Assessment
$40,796 CAD
Improvements Assessment
$107,717 CAD
Total Assessment
$148,513 CAD
CONTACTS
-
Cortland Lioi -
Zack Williams -
Gary Chou -
Calvin Short -
Sabrina Sapienza -
SRS National Net Lease
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Joe Hudson's Collision Center | 8yrs Corp NN | 3688 Interstate 55
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