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Investment Highlights

  • New 20-Year Lease | Corporate Guaranty | Options To Extend | Scheduled Rental Increases | Additional Land Available
  • Grandscape (400 Acres) | Lewisville Towne Crossing | Proximity to Multi-Family Developments
  • Signalized, Hard Corner Intersection | Sam Rayburn Tollway
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • High Growth Area | Dallas-Fort Worth Metroplex | High Barriers To Entry
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Quality Collision investment property located in The Colony, Texas. The tenant, Quality Collision, recently signed a brand new 20-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The 0.85 acre parcel next to the subject property is also available for sale ($28 PSF), contact listing agents for more details.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
23,916 SF
Building Class
B
Year Built
2026
Price
$15,288,900 CAD
Price Per SF
$639.27 CAD
Cap Rate
6%
NOI
$917,334 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
2.89 AC
Zoning
PD - Commercial
Parking
49 Spaces (2.05 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Signalized Intersection
  • Monument Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Texas Roadhouse
Bubba's 33
Chili's Grill & Bar
Pei Wei
First Convenience Bank
BODYBAR Pilates
Starbucks
Bank of America
Fifth Third Bank
Rosa's Cafe
  • Listing ID: 41774236

  • Date on Market: 2026-08-17

  • Last Updated:

  • Address: 3900 Memorial Dr, The Colony, TX 75056

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