Frank’s Collision Repair (OpenRoad) – Texas City, TX

Frank's Collision Repair
2627 Palmer Hwy, Texas City, TX 77590, USA

Sands Investment Group is pleased to exclusively offer for sale the 18,388 SF Frank’s Collision Repair NN property located at 2627 Palmer Highway in Texas City, TX. The asset features 4+ years remaining on the initial lease term, 2% annual rent increases, and a corporate guarantee from OpenRoad Collision. This offering presents investors with stable cash flow and the opportunity to invest alongside a growing operator with an expanding credit profile.

  • Growing Operator: Since its founding in 2022, OpenRoad Collision has grown its location count to 40 repair shops across 4 states. Since 2024, OpenRoad’s location count has grown by an average rate of 36% YOY (40% in 2024 & 32% in 2025), making it one of the fastest-growing MSOs in the industry.
  • Regional Market Presence: Since its founding in 2003, Frank’s Collision Repair has grown to 9 locations, making it a familiar local brand with a strong presence in the region. After acquiring Frank’s Collision in November 2025, OpenRoad now operates 18 collision repair facilities in Texas.
  • Lease Structure & Corporate Guarantee: With 4+ years remaining on the initial lease term and 2% annual rent increases, this lease is corporately guaranteed by OpenRoad Collision, an attractive opportunity for any investor looking for a tenant with an expanding credit profile.
  • Location: This property sits directly on Texas City’s main east-west thoroughfare, Palmer Highway, which sees traffic counts of 27,653 VPD.
  • Limited Competition: None of the Big 4 consolidators (Caliber, Gerber, Crash Champs, Classic) have locations within a 13+ mile radius, making Frank’s the only MSO in the market.

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

Frank's Collision Repair
2627 Palmer Hwy, Texas City, TX 77590, USA

OPENROAD COLLISION

OpenRoad Collision partners with and invests in leading collision repair centers across the United States. Our family of collision brands believes that quality repairs, excellent technician training, shop culture and a passionate employee base are the gears that create a best-in-class collision center. OpenRoad Collision currently owns and operates collision repair centers across a multi-state footprint. OpenRoad Collision is currently pursuing additional acquisitions of leading collision repair centers across the United States. OpenRoad brands are leaders and trendsetters in their respective markets. Together, we believe that quality repairs, excellent technician training and shop culture, and strategic partnerships with insurance companies and suppliers are the gears that create a superior collision center.

Price

$2,650,000

Cap Rate

7.25%

PREMISES

18,388 SF

YEAR BUILT

1975

RENEWAL OPTIONS

2 x 5 Year Options

Lease Expiration

11/30/2030

Lease Type

NN

RENTAL INCREASES

2% Annually

BROKERS

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