902 Kilgore Dr | Henderson, TX 75652
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- LoopNet Team
902 Kilgore Dr
Henderson, TX 75652
CLASSIC COLLISION · Retail Property For Sale
INVESTMENT 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.
- Long Term Stability – The property features a nearly 10-year lease term remaining, offering minimal landlord responsibilities and stable income.
- Expansive Facility – This state-of-the-art collision center spans ±19,800 square feet on ±0.85 acres, providing ample operational capacity.
- Corporate Guarantee – Backed by Classic Collision, a TPG capital-owned company with $239 billion in assets under management.
- Scheduled 7.50% rent escalations every five years serve as a strong hedge against inflation and ensure growing returns over the lease term.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
19,800 SF
Building Class
C
Year Built
1972
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
2.24 AC
Frontage
370’ on Kilgore Dr
PROPERTY TAXES
| Parcel Number | 8823 | Improvements Assessment | $0 |
| Land Assessment | $100,000 | Total Assessment | $100,000 |
PROPERTY TAXES
Parcel Number
8823
Land Assessment
$100,000
Improvements Assessment
$0
Total Assessment
$100,000
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