Alvin Mansour 8583733184
Jon Talia 8583733186

CALIBER COLLISION | LONG TERM ABSOLUTE NET 150 E 45th St 23,052 SF Retail Building Odessa, TX 79762 $4,871,795 ($211.34/SF) 5.85% Cap Rate

INVESTMENT HIGHLIGHTS

Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
Densely Populated Area: Features more than 113k People Residing within a 5-Mile Radius. Odessa has Experienced Steady Growth over the Years.

Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
Odessa, Texas, has seen Consistent growth over the Years, driven by the Energy Sector, Manufacturing, and an Expanding Retail Industry.
Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

EXECUTIVE SUMMARY

2024 Renovation | Densely Populated Area | Near Numerous Auto Dealerships and Auto Service Centers | Directly Across from Ector County Coliseum - 5k+ Seat Multi-Purpose Arena | Minutes from Music City Mall, The University of Texas Permian Basin, Odessa College & Odessa-Schlemeyer Field Airport | Qualifies for Accelerated Depreciation | Recession-Resistant Concept

Marketing Brochure/Flyer

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Auto Repair

Building Size

23,052 SF

Building Class

Year Built/Renovated

1975/2024

Price

$4,871,795

Price Per SF

$211.34

Cap Rate

5.85%

NOI

$285,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.35

Lot Size

1.51 AC

Zoning

Heavy Commercial - Heavy Commercial

Tenant Controlled HVAC

Air Conditioning

MAJOR TENANTS

Caliber Collision
Retailer
23,052 SF
-
Triple Net
Jun 2039

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE		LEASE END
Caliber Collision	Retailer	23,052 SF	-	Triple Net		Jun 2039

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
E 45th St	N Texas Ave, E	1,695	2025	0.05 mi
W 46th St	Andrews Hwy, E	679	2025	0.15 mi
Andrews Hwy	W 42nd St, S	19,092	2024	0.18 mi
Andrews Highway	W 42nd St, S	18,973	2025	0.19 mi
East 42nd Street (Chris Kyle Memorial Highway)	N Texas Ave, E	30,615	2025	0.21 mi
East 42nd Street	N Texas Ave, E	37,417	2025	0.21 mi
E 42nd St	N Texas Ave, E	28,308	2025	0.22 mi
West 42nd Street	Andrews Hwy, E	28,835	2025	0.24 mi
West 42nd Street (Chris Kyle Memorial Highway)	Andrews Hwy, E	31,428	2025	0.25 mi
W 42nd St	Andrews Hwy, E	25,297	2025	0.25 mi