Corporate-Backed Lease with Top-Tier Operator: Leased to Joe Hudson’s Collision Center (“JHCC”), a top-5 multi-shop operator (MSO) in the U.S. collision repair sector, with nearly 300 locations nationwide. JHCC is backed by private equity sponsor TSG Consumer Partners, which manages over $13 billion in assets.
Above-Market Yield Relative to Sector Benchmarks: Offers compelling cash-on-cash returns superior to comparable long-term leased collision centers, providing enhanced yield in a sector with increasing institutional demand.
Long-Term Lease with Extended Income Horizon: Recently executed 10-year lease with options extending through 2054, providing secure, long-duration income backed by a strong corporate tenant.
Contractual Annual Rent Escalations: 2% annual rental increases offer predictable income growth and an effective hedge against inflation, supporting long-term yield enhancement.
Defensive, Recession-Resilient Asset Class: Collision repair is a non-discretionary, insurance-driven service with inelastic demand across economic cycles, offering durable income stability.
Passive Ownership with Minimal Landlord Obligations: Absolute net lease structure places responsibility for all operating expenses on the tenant; landlord is responsible only for roof, structure, and plumbing—minimizing management requirements and exposure.