CLASSIC COLLISION | 2888 Memorial Blvd
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CLASSIC COLLISION 2888 Memorial Blvd
15,107 SF Retail Building Kerrville, TX 78028 $3,322,620 CAD ($220 CAD/SF) 8% Cap Rate
Investment Highlights
- Proven Operating History – This site has been the home to auto repair tenants for 30+ years
- High Visibility – Property sits along Memorial Blvd which sees ±13,136 Vehicles per day
- Growing Market – Kerrville, TX is expected to Triple in Size by 2050
- Corporate Lease – Classic Collision currently operates over 278 locations throughout the country and is rapidly expanding
- Tenant Commitment – Classic Collision extended their lease early reflecting their strong commitment to this location
- Strategic Location – Located just 0.8 miles from Schreiner University which has a student population of 1,230
Executive Summary
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
15,107 SF
Building Class
C
Year Built
1977
Price
$3,322,620 CAD
Price Per SF
$220 CAD
Cap Rate
8%
NOI
$265,810 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Land Acres
1.58 AC
Zoning
C-2 - commercial
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Classic Collision
- -
- -
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Classic Collision | - | - | - | - |
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CLASSIC COLLISION | 2888 Memorial Blvd
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