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5900 Colleyville Blvd Colleyville, TX 76034

For Sale
$6,625,000

NN leased auto shop with over 7 years remaining.

Property size:
27,507 SF
Lot size:
1.93 Acres

Property Features for 5900 Colleyville Blvd

General Information

Size
27,507 SF
Lot size
1.93 Acres

Source: STRIVE Agent Hudson Springer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Colleyville Retail Investment Opportunity

This property, located directly off Colleyville Boulevard, a major north-to-south thoroughfare, presents a long-term investment opportunity with over 7 years remaining on the base term, accompanied by one 5-year option. The property operates as a Caliber Collision, the first location outside of California for the company with a 28-year operating history. The NN lease structure minimizes management responsibilities for the investor, with the landlord responsible only for the roof and structural components. The roof was replaced in September 2019 and includes a 20-year NDL warranty. Rental increases are structured with a minimum of 3% and a maximum of 5% annually, depending on the Consumer Price Index (CPI), with a 5% increase scheduled for 2024. The property is situated in a densely populated area with over 230,000 people within a 5-mile radius. The surrounding area features strong demographics, with an average household income exceeding $200,000 within a 2-mile radius, more than 2.5 times the national average. The location is part of a dense retail thoroughfare, with nearby retailers including Lifetime Fitness, Chick-Fil-A, Chase Bank, Market Street, Walmart, and McDonald’s. It is also located approximately 0.5 miles from Colleyville Middle School. The property size is 27507 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Caliber Collision Auto Body Shop Caliber Auto Glass Auto Glass Repair Service

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

FreeWay Windshield Replacement, ATM, Eagle Transmission & Auto Repair, Kwik Kar Oil Change & Auto Care of Colleyville, colleyvilletransmission

Location Insight

  • Map
  • Local Demand
City
Colleyville
County
Tarrant
State
Texas
Longitude
-97.1464414
Latitude
32.8958447

FAQs

What type of property is this?
Auto shop - NN leased auto shop with over 7 years remaining.
Where is this auto shop located?
The property is located at 5900 Colleyville Blvd Colleyville, TX.
What is the asking price?
The asking price for this property is $6,625,000.
What are key features of this property?
This property features: - Phenomenal demographics: average household income over $200,000 in a 2-mile radius; - Long-term lease: over 7 years remain on the base term with one 5-year option; - NN lease structure: landlord responsible only for roof & structural components
More about this property
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