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11120 TX-191
Midland, TX 79707

$5,762,157 USD

Freestanding For Sale  •  17,588 SF

Property Details

• Property Type Freestanding
• Total Building Size 17,588 SF
• Lot Size 1.57 AC
• Building Class B
• Year Built 2024
• Cap Rate 6.35 %
• Tenancy Single

0 Transit Score

7 Walk Score

Highlights

15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.

Brand New 2024 Construction. Caliber Collision is the Nation’s Largest Collision Repair provider - 1,700 Convenient Locations in 40 States.

Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.

In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Mercedes, BMW, Volkswagen, Toyota, Nissan, Mazda, Ford, Subaru, etc

The Site is Located within an Industrial Hub - Surrounded by Numerous Light Industrial, Manufacturing Plants and Distribution Centers.

Affluent Area: Features an Average Household Income of more than $144k (Twice the National Average) within a 5-Mile Radius.

Property Flyers

Marketing Brochure/Flyer

Cap Rate:

6.35 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Caliber Collision	17,588 SF	12/31/2039

Public Transportation

Airport	Drive	Walk	Distance
Midland International Air And Space Port	9 min	-	5.0 mi