Auto Body Repair NNN
For Sale
Contact for pricing
8598 Medical Center Blvd, Port Arthur, TX 77640
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 Market167
Property Features for 8598 Medical Center Blvd
General Information
Standard status
Active
Size
17,725 SF
Class
A
Total Parking Spaces
79
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$382,270
Building Details
Year Built
2025
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Sacramento, California
Listed By:
Michael Yuras · License #CA 01823291
(916) 288-4800
Source:
Crexi
Added: May 8
Changed: Oct 16
Last Checked: Oct 20 at 6:23PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$283,108
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,662,160
$5.7M
Cap Rate 7%
$4,044,400
$4.0M
Cap Rate 9%
$3,145,644
$3.1M
Market Conditions
NOI Build-Up for 17,725 SF
Gross rent
$427.5K $24.12/SF
− Vacancy
−$23.1K −$1.30/SF
EGI
$404.4K $22.82/SF
− OpEx
−$121.3K −$6.85/SF
NOI
$283.1K $15.97/SF
Area
Jefferson County, TX
Vacancy
5.40%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,662,160
Cap Rate 7%
$4,044,400
Cap Rate 9%
$3,145,644
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77640, TX
16,618
Population
9,020
Households
1.8
Avg Household Size
39
Median Age
12%
College-Educated
84%
High-School Grad
37.3 sq mi
ZIP Area
446
Density / Sq Mi
$50,832
Median Household Income
$34,273
Median Earnings
$1,163
Median Rent
$97,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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
