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CLASSIC COLLISION 2888 Memorial Blvd

15,107 SF Retail Building Kerrville, TX 78028 $2,362,500 ($156/SF) 8% Cap Rate

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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

Classic-Collision-Kerrville-TX-OM

Property Facts

Sale Type

Investment

Sale Condition

1031 Exchange

Property Type

Retail

Property Subtype

Auto Repair

Building Size

15,107 SF

Building Class

Year Built

1977

Price

$2,362,500

Price Per SF

$156

Cap Rate

NOI

$189,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.22

Land Acres

1.58 AC

Zoning

C-2 - commercial

MAJOR TENANTS

Classic Collision
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Tenant	Industry	SF OCCUPIED	RENT/SF			Lease End
Classic Collision	-	-	-			-

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