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Auto Body Repair NNN Lease

8598 Medical Center Blvd Port Arthur, TX 77640

8598 Medical Center Blvd, Port Arthur, TX, 77640
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For Sale
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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.

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 (±1% cap)
NOI $283,108 @ 7.0% cap · market cap 4.26%
Second Best
Industrial
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,216 @ 7.0% cap · market cap 1.36%
Theoretical Best
Multifamily LT 5
$199.15M
$174.25M – $232.34M (±1% cap)
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

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
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