11120 Tx-191Midland, TX 79707
Caliber Collision NNN Lease, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- $5,762,157 asking price for a 17,588 SF Class A retail property.
- Absolute NNN net lease with a corporate guarantee from Caliber Collision, the nation's largest collision repair provider.
- 15.1 years remaining on the lease, expiring 12/31/2039, with 10% rent bumps every 5 years.
- 6.35% cap rate and $365,897 NOI.
- Located in Midland, TX, on a 1.58-acre lot, built in 2024.
- Situated near numerous auto dealerships and service centers in an industrial hub.
Property Details for 11120 Tx-191
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 17,588 SF
- Class
- A
- Year Built
- 2024
- Lot Size (sq. ft)
- 68,825 SF
Location Insight
- City
- Midland
- County
- Midland
- State
- Texas
- Latitude
- 31.974165
- Longitude
- -102.250697
Nearby Similar for Sale
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