Auto Body Repair NNN
8598 Medical Center Blvd Port Arthur, TX 77640
8598 Medical Center Blvd, Port Arthur, TX, 77640
Contact for pricing
For Sale
Contact for pricing
15-year absolute NNN corporate lease to Caliber Collision at a high-traffic, retail-shadow-anchored location.
Property Size17,725 SF
Price / SF$375.12
Days on Market90
Property Features for 8598 Medical Center Blvd
General Information
- Standard status
- Active
- Size
- 17,725 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing agency
Cushman & Wakefield - Sacramento, California
Listed by
Vincent Aicale · License #CA 01728696
Source
Crexi
Added: Apr 24 Updated: Jul 22 at 6:11AM Checked: Jul 22 at 6:11AM
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 Cushman & Wakefield - Sacramento, California
Investment Insights
Based on property information with market context.
Cushman & Wakefield offers the opportunity to acquire a new 15-year absolute NNN corporate lease to Caliber Collision. Caliber Collision is the nation’s largest auto body repair chain, with more than 1,850 locations. The property is positioned for visibility and ease of access near the intersection of Medical Center Boulevard and E Farm to Market Road 365.
The site reports a high traffic count of 20,000+ AADT and is shadow-anchored by a Walmart Supercenter and Lowe’s Home Improvement anchored shopping center. The surrounding retail mix includes Target, Academy Sports + Outdoors, Best Buy, Texas Roadhouse, Chick-fil-A, and additional retailers contributing to the area’s retail activity along major corridors.
This offering is presented as an absolute NNN lease investment with Caliber Collision occupying the auto body repair facility on the property.
The site reports a high traffic count of 20,000+ AADT and is shadow-anchored by a Walmart Supercenter and Lowe’s Home Improvement anchored shopping center. The surrounding retail mix includes Target, Academy Sports + Outdoors, Best Buy, Texas Roadhouse, Chick-fil-A, and additional retailers contributing to the area’s retail activity along major corridors.
This offering is presented as an absolute NNN lease investment with Caliber Collision occupying the auto body repair facility on the property.
Key Highlights
- 15‑year absolute NNN corporate lease to Caliber Collision
- Location near Medical Center Boulevard & E FM 365 with 20,000+ AADT traffic count
- Shadow‑anchored by a Walmart Supercenter and Lowe's Home Improvement–anchored shopping center
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $427.5k | $24.12 |
| − Vacancy | −$23.1k | −$1.30 |
| EGI | $404.4k | $22.82 |
| − OpEx | −$121.3k | −$6.85 |
| NOI | $283.1k | $15.97 |
17,725 SF · lease $24.12/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.04M
$3.54M – $4.72M
NOI $283,108 @ 7.0% cap · market cap 4.26%
Second Best
Industrial
$1.29M
$1.13M – $1.50M
NOI $90,216 @ 7.0% cap · market cap 1.36%
Theoretical Best
Multifamily LT 5
$199.15M
$174.25M – $232.34M
NOI $13,940,347 @ 7.0% cap · market cap 209.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
FAQs
What type of property is this?
Auto shop - 15-year absolute NNN corporate lease to Caliber Collision at a high-traffic, retail-shadow-anchored location.
Where is this auto shop located?
The property is located at 8598 Medical Center Blvd Port Arthur, TX.
What is the asking price?
The asking price for this property is $6,649,000.
What are key features of this property?
This property features: 15‑year absolute NNN corporate lease to Caliber Collision; Location near Medical Center Boulevard & E FM 365 with 20,000+ AADT traffic count; Shadow‑anchored by a Walmart Supercenter and Lowe's Home Improvement–anchored shopping center