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2888 Memorial Blvd, Kerrville, TX, 78028

CLASSIC COLLISION
Closed

Key Information

Cap Rate
8.49%
Tot. SF
15,107
Year Built
1977
Term Remaining
±5.25 YRS
Type
Retail
NOI
$189,000

Highlights

  • Proven Operating History – This site has been the home to auto repair tenants for 30+ years
  • Corporate Lease – Classic Collision currently operates over 278 locations throughout the country and is rapidly expanding
  • High Visibility – Property sits along Memorial Blvd which sees ±13,136 Vehicles per day
  • Tenant Commitment – Classic Collision extended their lease early reflecting their strong commitment to this location
  • Growing Market – Kerrville, TX is expected to Triple in Size by 2050
  • Strategic Location – Located just 0.8 miles from Schreiner University which has a student population of 1,230
  • Private Equity Backed Tenant – Classic Collision was recently acquired by TPG, one of the largest asset management firms in the world
  • Minimal Competition – This location faces minimal competition from major counterparts such as Crash Champions, Gerber Collision, and Caliber Collision
  • Samuel Griffeth & Alex DeSoto in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.

Photos

Location

Agents

Financing Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225