Caliber Collision NNN Lease
For Sale
$7,911,000
5900 Colleyville Blvd, Colleyville, TX 76034
NNN leased Caliber Collision with corporate guaranty and fixed rental increases.
Property Size26,946 SF
Days on Market169
Property Features for 5900 Colleyville Blvd
General Information
Standard status
Active
Size
26,946 SF
Property subtype
Retail
Building Details
Building Size
26,946 SF
Listing Agency:
ParaSell Inc
(415) 274-2706
Listed By:
Justin Stark · License #CalDRE #01856228
Source:
Cppcre
Added: Mar 6
Changed: Aug 22
Last Checked: Aug 22 at 3:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc
Investment Insights
Based on property information with market context.
This property features a new 15-year absolute NNN corporate lease with Caliber Collision, the nation's largest collision repair provider. This is a longstanding location with a corporate guaranty and strong property fundamentals, including fixed 10% rental increases throughout the primary term and option periods. The absolute NNN lease structure means zero landlord responsibilities, with no maintenance, roof, or structural obligations. Caliber Collision has demonstrated sustained performance and a long-term commitment through the execution of a new 15-year lease. The property is a legacy Caliber Collision facility situated on a high-traffic, signalized thoroughfare connecting Colleyville, Southlake, Grapevine, and other affluent suburbs to both Downtown Fort Worth and Dallas.
Key Highlights
- Brand new 15‑year absolute NNN corporate lease with Caliber Collision.
- Corporate guaranty from Wand Newco 3, Inc.
- Zero landlord responsibilities due to the absolute NNN lease structure.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$447,260
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,945,200
$8.9M
Cap Rate 7%
$6,389,429
$6.4M
Cap Rate 9%
$4,969,556
$5.0M
Market Conditions
NOI Build-Up for 26,946 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$672.6K $24.96/SF
− Vacancy
−$33.6K −$1.25/SF
EGI
$638.9K $23.71/SF
− OpEx
−$191.7K −$7.11/SF
NOI
$447.3K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,945,200
Cap Rate 7%
$6,389,429
Cap Rate 9%
$4,969,556
Alternative Uses
Best Use
Retail
$6.39M
$5.59M – $7.45M
NOI $447,260 @ 7.0% cap · market cap 5.65%
Second Best
Industrial
$2.17M
$1.90M – $2.53M
NOI $151,935 @ 7.0% cap · market cap 1.92%
Theoretical Best
Office A
$9.48M
$8.29M – $11.06M
NOI $663,518 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
81k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Beauty & Spa 11%
Shops & Services 11%
Home Improvements & Furnishings 2%
Costa Vida
Dining
16,956 visits/mo
0.4 miles
McDonald's
Dining
15,480 visits/mo
0.5 miles
Gloria's Latin Cuisine
Dining
11,750 visits/mo
0.4 miles
McAlister's Deli
Dining
7,866 visits/mo
0.4 miles
Massage Envy
Beauty & Spa
6,083 visits/mo
0.4 miles
Demographics for 76034, TX
25,988
Population
9,600
Households
2.7
Avg Household Size
48
Median Age
70%
College-Educated
99%
High-School Grad
13.1 sq mi
ZIP Area
1,984
Density / Sq Mi
$203,157
Median Household Income
$92,142
Median Earnings
$3,194
Median Rent
$717,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- autolockrepaircolleyville — 5655 Bluebonnet Dr, Colleyville, TX 76034
- 911lockscolleyville — 5605 Colleyville Blvd, Colleyville, TX 76034
- Caliber Collision — 5900 Colleyville Blvd, Colleyville, TX 76034
- Ethridge Auto Center — 6007 Colleyville Blvd, Colleyville, TX 76034
- Caliber Auto Glass — 5900 Colleyville Blvd, Colleyville, TX 76034
Frequently Asked Questions
What type of property is this?
Auto shop - NNN leased Caliber Collision with corporate guaranty and fixed rental increases.
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 $7,911,000.
What are key features of this property?
This property features: Brand new 15‑year absolute NNN corporate lease with Caliber Collision.; Corporate guaranty from Wand Newco 3, Inc.; Zero landlord responsibilities due to the absolute NNN lease structure.
