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Classic Collision
4501 North Navarro Street, Victoria, TX 77904, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 29,443 SF Classic Collision NN Asset Located at 4501 North Navarro Street in Victoria, TX. This Deal Includes a Strong Corporate Guaranteed Lease By Classic Collision With 300+ Total Locations Across the United States, Providing For a Secured Investment.
- Strong Corporate Guarantee: The Lease is Corporately Guaranteed By Classic Collision With 300+ Total Locations Across the United States
- Multiple Parcels: This Opportunity Provides the Ability to Purchase 3.25 Acres on One of Victoria’s Main Retail Corridors
- Strategic Location: This Facility is Located Directly Across From Several Dealerships Including- GMC, Hyundai, Honda and Ford; Other Nearby Tenants in the Area Include: Texas Roadhouse, Autozone, Whataburger, Golden Corral, Schlotzsky’s and Many More
- Value-Add Opportunity: This Deal Which Includes One Parcel Leased By Enterprise on a One Year Lease Allows the Chance to Negotiate a New Lease or the Chance to Redevelop the Existing Parcel Not Being Occupied By Classic Collision
- Below Market Rent & Annual Increases: This Lease Provides 2% Annual Increases and Has a Below Market Lease Rate of $7.24/SF While Market Rents in the Area are Estimated to be Between $12-14/SF (Per CoStar)
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
Classic Collision
4501 North Navarro Street, Victoria, TX 77904, USA
CLASSIC COLLISION
Classic Collision was founded in 1983 in Atlanta, Georgia, with a singular goal: to provide quality service with integrity and honesty. For over 35 years, the company has upheld this commitment by employing top talent and utilizing high-quality materials. Dedicated to ensuring a seamless and stress-free repair process, Classic Collision prioritizes customer satisfaction from drop-off to pick-up. The company holds multiple OE manufacturer certifications and training credentials, establishing itself as a leader in comprehensive collision repair. With a steadfast commitment to excellence, Classic Collision has proudly served customers for over three decades and looks forward to continuing this tradition for years to come. As one of the largest privately held national providers of auto body repair services, the company has expanded from its origins in Atlanta, Georgia, to operate over 300 state-of-theart repair facilities across the United States, offering more options to drivers and their families.
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Cap Rate: 7.50%
$3,330,080
Available
Price
$3,000,000
Cap Rate
7.58%
PREMISES
29,443 SF
RENEWAL OPTIONS
2 x 5 Year Options
Lease Expiration
12/22/2026
Lease Type
NN
RENTAL INCREASES
2% Annually
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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