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Joe Hudson’s Collision Center 6601 Harborside St 46,726 SF Industrial Building Galveston, TX 77554 $2,332,185 ($49.91/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Term Absolute NNN Lease with Over 12 Years of Term Remaining
- Healthy 2% Annual Rent Increases to Hedge Against Inflation
- Income Tax Free State
- Passive Investment Opportunity with Zero Landlord Responsibilities
- Corporate Guaranteed by the Fifth Largest Collision Company in the US
- Adjacent to America’s 4th-Ranked Cruise Port, seeing 3.4 million passenger movements through its three terminals
PROPERTY FACTS
| Price | $2,332,185 | Rentable Building Area | 46,726 SF |
| Price Per SF | $49.91 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1991 |
| Cap Rate | 6.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.4/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 11 |
| Lot Size | 3.52 AC | ||
| Zoning | Commercial | ||
| Price | $2,332,185 |
| Price Per SF | $49.91 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.52 AC |
| Rentable Building Area | 46,726 SF |
| No. Stories | 1 |
| Year Built | 1991 |
| Tenancy | Single |
| Parking Ratio | 2.4/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 11 |
| Zoning | Commercial |
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 7205-0000-0504-002 | Improvements Assessment | $3,304,950 |
| Land Assessment | $162,230 | Total Assessment | $3,467,180 |
PROPERTY TAXES
Parcel Number
7205-0000-0504-002
Land Assessment
$162,230
Improvements Assessment
$3,304,950
Total Assessment
$3,467,180
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Joe Hudson’s Collision Center | 6601 Harborside St
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