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2888 Memorial Blvd
Kerrville, TX 78028

$2,362,500 USD

Auto Repair For Sale  •  15,107 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 15,107 SF
  • Lot Size 1.58 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning C-2
0 Transit Score
40 Walk Score

Highlights

Proven Operating History – This site has been the home to auto repair tenants for 30+ years
Corporate Lease – Classic Collision currently operates over 278 locations throughout the country and is rapidly expanding
High Visibility – Property sits along Memorial Blvd which sees ±13,136 Vehicles per day
Tenant Commitment – Classic Collision extended their lease early reflecting their strong commitment to this location
Growing Market – Kerrville, TX is expected to Triple in Size by 2050
Strategic Location – Located just 0.8 miles from Schreiner University which has a student population of 1,230

Property Flyers

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Classic Collision
Samuel Griffeth 602-807-6971 Matthews Real Estate Investment Services
Samuel Griffeth 602-807-6971 Matthews Real Estate Investment Services