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34225287
34225286

15501 Tuckerton Rd, Houston, TX 77095

MY
CA 01823291
Cushman & Wakefield - Sacramento, California
SC
CA 01318288
Cushman & Wakefield - Sacramento, California
VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California
$5,874,000
1 day on market
Updated 1 day ago

Gerber Collision & Glass | Houston, TX

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 15,526
Cap Rate 5.35%
NOI $314,232
Tenancy Single
Brand/Tenant Gerber Collision & Glass
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/06/2040
Remaining Term 15
Rent Bumps Yes
Lease Options 4 x 5-Year Options
Year Built 2014
Buildings 1
Acreage 1.730
Parking Spaces 39 spaces
Parking per 1,000 SqFt 2.51
Investment Type Net Lease
Lease Commencement 03/06/2025
Ground Lease No

Signalized Hard Corner Location | 15-Year Abs NNN Corporate Lease

Marketing description

15-year absolute NNN corporate lease to Gerber Collision. 2% annual rental increases initial term and four (4) option periods of five years each deliver steady growth throughout the life of the term. Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment. Gerber Collision & Glass has grown to one of the largest auto collision and glass repair companies in North America (850+ locations) and is part of the Boyd Group, Inc. (Toronto Stock Exchange: "BYD.TO").

All Gerber Collision & Glass locations have achieved the highest training level recognized in the collision industry, the I-CAR Gold Class Professionals® designation. By mid-2025, Boyd (including Gerber Collision & Glass) exceeded 1,000 North American locations, reinforcing its position as one of the largest collision repair operators on the continent. The 2025 acquisition of Joe Hudson's Collision Center added 258 U.S. locations and increased total footprint by 25%, positioning Gerber Collision & Glass/Boyd for significant revenue growth and cost synergies in 2026.

A large 1.73-acre parcel offers ample parking and easy ingress/egress, catering to high-traffic auto body operations. 15,526-SF building to accommodate for Gerber Collision & Glass' extensive product line and auto body services.

Investment highlights

  • 15-year absolute NNN corporate lease to Gerber Collision.
  • 2% annual rental increases initial term and four (4) option periods of five years each deliver steady growth throughout the life of the term.
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
  • Gerber Collision & Glass has grown to one of the largest auto collision and glass repair companies in North America (850+ locations) and is part of the Boyd Group, Inc. (Toronto Stock Exchange: "BYD.TO").
  • All Gerber Collision & Glass locations have achieved the highest training level recognized in the collision industry, the I-CAR Gold Class Professionals® designation.
  • By mid-2025, Boyd (including Gerber Collision & Glass) exceeded 1,000 North American locations, reinforcing its position as one of the largest collision repair operators on the continent.
  • The 2025 acquisition of Joe Hudson's Collision Center added 258 U.S. locations and increased total footprint by 25%, positioning Gerber Collision & Glass/Boyd for significant revenue growth and cost synergies in 2026.
  • A large 1.73-acre parcel offers ample parking and easy ingress/egress, catering to high-traffic auto body operations.
  • 15,526-SF building to accommodate for Gerber Collision & Glass' extensive product line and auto body services.
  • Positioned at a highly active signalized intersection at Tuckerton Road and Point Park Drive, the site benefits from steady daily traffic exceeding 16,000 vehicles.
  • Just minutes from U.S. Route 290, the property enjoys direct access to one of Houston's key commuter corridors, connecting rapidly growing suburbs to Downtown Houston with nearly 98,000 vehicles passing daily.
  • The surrounding area is energized by powerful traffic drivers, including HCA Houston Healthcare North Cypress (approx. 1,300 employees), Houston Methodist Cypress Hospital (approx. 1,000 employees), Sam's Club, Walmart Supercenter, The Home Depot, Costco, and many more.
  • Immediate adjacency to Cypress Fall High School brings a consistent daily population of approximately 3,000 students, adding strong built-in activity to the corridor.
  • More than 326,000 residents live within a five-mile radius—an expanding population base that has grown 16% since 2010 and continues to accelerate.
  • High-income demographics support strong spending power, with average household incomes exceeding $125,000 within five miles.
  • Forecasted income growth across the surrounding 1-, 3-, and 5-mile trade areas is expected to support sustained demand and long-term performance for Gerber Collision & Glass and the greater Houston market.
  • Only 20 miles from Downtown Houston, the site benefits from access to one of the nation's largest employment hubs, supporting a daytime population of more than 150,000 people.

Listing Contacts

MY
CA 01823291
Cushman & Wakefield - Sacramento, California
SC
CA 01318288
Cushman & Wakefield - Sacramento, California
VA
CA CA 01728696
Cushman & Wakefield - Sacramento, California
RF
CA CA 01716551
Cushman & Wakefield - Sacramento, California
Listed by Cushman & Wakefield - Sacramento, California

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$314,232.00
$26,186.00/mo

Valuation Metrics

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DSCR
5.35%
Cap Rate
5.35%
ROI

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