902 Kilgore Dr - Auto Repair FOR SALE
Henderson, TX 75652 |
$1,780,646 USD
770-891-0154
902 Kilgore Dr
Henderson, TX 75652
HIGHLIGHTS
- High Yield – With a 7.75% cap rate, this offering provides one of the highest yields available for a corporate-backed, long-term lease in the market.
- Corporate Guarantee – Backed by Classic Collision, a TPG capital-owned company with $239 billion in assets under management.
- Long Term Stability – The property features a nearly 10-year lease term remaining, offering minimal landlord responsibilities and stable income.
- Scheduled 7.50% rent escalations every five years serve as a strong hedge against inflation and ensure growing returns over the lease term.
- Expansive Facility – This state-of-the-art collision center spans ±19,800 square feet on ±0.85 acres, providing ample operational capacity.
FOR SALE DETAILS
PRICE
$1,780,646 USD
PRICE/SF
$222 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CLASSIC COLLISION
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.24 AC
LAND SF
97,531 SF
ZONING
-
APN/PARCEL ID
8823
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770-891-0154
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770-891-0154
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