Caliber Auto Care

8551 Wurzbach Road, San Antonio, TX 78240

$1,650,000

Cap Rate 5.45%

Views: 24 DOM: 64 Updated: 04.22.24 Posted: 03.14.24 Status: Active

Summary

Price $1,650,000	Built/Renov 1999/2022	Tenant Caliber Auto Care
Cap Rate 5.45%	Lease Type NN+	Guarantor Corporate
Size/SF 2,865	Lease Start 01-31-2023	#Units 1,605
Price/SF $575.92	Expiration 10-31-2037	Tenant Type Automotive
NOI $90,000	R. Term 13.5	Ownership Fee Simple
Rent/SF $31.41	Increases 10.0%/3/yrs	Pop 5Mi 353,012
Lot/AC 0.62	Options 2/5yrs/10%	AHHI 5Mi $80,369

Lease Highlights

Caliber Auto Care has 13+ years remaining on the current lease term with 2 (5-year) options to extend
The lease features 10% rental escalations throughout the initial term and option periods
Favorable NN+ lease with landlord responsible for roof and structure
Corporate guaranteed lease

Location Description

Caliber Auto Care is strategically located on Wurzbach Road, with access to 29,041 vehicles passing by daily. The property enjoys a convenient location, situated less than one mile from its intersection with Fredericksburg Road (30,543 VPD), and 1 mile northeast of I-10 (181,087 VPD). Additionally, it is directly adjacent to Amegy Bank, in front of the Galaxy Plaza office buildings, and across...

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Key Features

Recent renovation
Build to suit
Near major nationals
Strategically located
Dense 200M+ pop 5 mi
Top 100 MSA
Income tax free state
Long 10+ yr lease
Accelerated depreciation
Corporate Guarantee

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Links

Caliber Auto Care Wikipedia San Antonio, Texas Zip Code 78240 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Caliber Auto Care
Guarantor:Corporate
Company:Hellman & Friedman
# Units:1,605
Stock:Private

About Tenant

Caliber Collision Centers is the largest collision repair company in America, which provides mechanical repair, quick oil change services, and glass repair and replacement. Founded in 1997, today...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	22,712	133,997	346,866
2023 Total Population :	23,307	136,322	353,012
2023 Employed Civilian Pop :	13,045	72,610	183,271
2023 Total Businesses :	1,245	6,576	15,319
2023 Average Household Income :	$ 60,509	$ 77,280	$ 80,369
2023 Total Consumer Spending :	$ 590 M	$ 4258 M	$ 10550 M
2023 Median Age :	30	35	35
2023 Total Households :	10,913	62,646	149,870
2023 Pop Age 25+: Bachelor's Degree :	3,222	23,663	53,869
2023 Average Home Value :	$ 217,895	$ 276,325	$ 276,770

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Wurzbach Rd	Fredericksburg Rd	2010	29,595	0.03 mi
Fredericksburg Road	Wurzbach Rd	2022	30,543	0.11 mi
Fredericksburg Rd	Pvt Rd	2004	38,000	0.17 mi
Hamilton Wolfe Rd	Tom Slick	2010	9,470	0.17 mi
Wurzbach Rd	Sid Katz Dr	2010	27,361	0.27 mi
Gardendale	Wurzbach Rd	2010	3,330	0.27 mi
Fredericksburg Road	Marriott Dr	2022	25,659	0.29 mi
Gardendale	Wurzbach Rd	2010	4,089	0.31 mi
Bluemel Rd	Fredericksburg Rd	2010	7,890	0.37 mi
Wurzbach Rd	Fernglen Dr	2009	32,162	0.41 mi

Listing Broker

Chris Bosworth

CBRE

Contact

121 Listings
5950 Views
43 Sold

Brian Pfohl

CBRE: NLP Atlanta

Contact

122 Listings
5991 Views
41 Sold

Chris Bosworth

Chris Bosworth is a Vice Chairman and Managing Director of the CBRE Net Lease Property Group and Corporate Capital Markets practice. Mr. Bosworth’s focus is to advise institutions, private equity firms, REITs, developers and corporate users regarding all facets of net-leased properties. In his career, Mr. Bosworth and his partners, Will Pike and Brian Pfohl, have been responsible for the disposition of 3,900 transactions valued in excess of $29 billion. Mr. Bosworth and Mr. Pike co-head the

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Brian Pfohl

Brian Pfohl is an Executive Vice President with CBRE’s Net Lease Property and Corporate Capital Markets practice groups. Mr. Pfohl’s singular focus is to advise corporate users, institutions, private equity firms, REITs, developers, and private individuals regarding all facets of net-leased properties. Mr. Pfohl’s expertise stems from the myriad of sale-leaseback transactions, net lease investment sales, programmatic portfolio dispositions, and advisement assignments he has completed throughout

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Thomas Carr

CBRE: NLP Atlanta

Contact

125 Listings
6068 Views
44 Sold

Thomas Carr

Thomas Carr is an Senior Investment Sales Analyst with CBRE’s Net Lease Property Group. As a member of the team led by Chris Bosworth and Will Pike, Mr. Carr plays an integral role in all aspects of the group’s property valuation, underwriting, and marketing efforts. He is also actively involved in marketing the team’s disposition assignments, specializing in single-tenant assets, national net-lease portfolios, and corporate sale-leasebacks, as well as advising 1031 exchange buyers. Mr. Carr

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