Caliber Collision Tomball, TX

28310 TX-249
Tomball, TX

Price: $4,364,000
Cap Rate: 5.50%
NOI: $240,000
Building Size: Approx. 29,756 Sq. Ft.
Lot Size: Approx. 4.037 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built / Renovated: 2015 / 1978

Investment Overview

  • 1978 Construction/2015 Renovation. 29,756+/- SF Building on 4.037+/- Acre Site
  • 10-Year Corporate Absolute NNN Lease with 10% Rental Increases Every 5 Years, Plus (2) 5-Year Options to Renew
  • Subject Property is Located on Business State Highway 249 (22,900+ VPD), right off of Tomball Tollway (35,800+ VPD)
  • Excellent Demographics – 103,188+ Residents w/in 5-Mile Radius w/ an Average Household Income of $145,762+
  • 0.25 Miles from HCA Houston Healthcare Tomball – 350-Bed Acute Care Hospital with a Level III Trauma Center
  • Fixing More Than 450k Vehicles Per Year, Caliber Collision is an Investment Grade Tenant with 1,835+ Stores & $6B in Revenue
  • Tomball | Located in the Houston, TX MSA | Houston Population: 2.3M+

Copyright © 2024 Secure Net Lease.