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Joe Hudson's Collision Center 12390 State Highway 155 S 19,620 SF Retail Building Tyler, TX 75703 $3,257,300 ($166.02/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Over Seven Years Remaining on Corporate Guaranteed Lease.
- Corporate Guaranteed by The Fifth Largest Collision Company in The Us (250+ Locations).
- Annual Rent Increases to Hedge Against Inflation.
- Acquired by Boyd Group (NYSE: BGSI), Offering Investment-Grade Credit and Long-Term Investment Security.
- Passive Investment Opportunity with Minimal Landlord Responsibilities.
- Main Frontage on Highly Trafficked Corridor With 26,000 VPD On Hwy 155 S.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
19,620 SF
Year Built
2015
Price
$3,257,300
Price Per SF
$166.02
Cap Rate
7%
NOI
$228,011
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.88 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-69300-0000-00-003000 | Improvements Assessment | $958,189 |
| Land Assessment | $501,811 | Total Assessment | $1,460,000 |
PROPERTY TAXES
Parcel Number
1-69300-0000-00-003000
Land Assessment
$501,811
Improvements Assessment
$958,189
Total Assessment
$1,460,000
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Joe Hudson's Collision Center | 12390 State Highway 155 S
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