OM — Caliber Collision, Aubrey/Pilot Point TX (DFW MSA)
Offering memorandum (Cushman & Wakefield) for a single-tenant absolute-NNN Caliber Collision at 8600 US-377, Pilot Point, TX, in the DFW growth corridor. Priced at $5,590,000 / 5.75% cap on $321,425 NOI, with a 15-year lease (rent commenced May 2024, expires May 2039) and 10% increases every five years. The to-the-studs 2025 renovation and absolute-NNN structure (tenant covers taxes, insurance, maintenance, roof, structure, parking) make this the purest passive-ownership example in the portfolio.
Key Facts¶
- 15,118 SF on 1.653 acres; 105 parking spaces; US-377 at 16,312 AADT.
- Rent schedule escalates: $321,425 (yr1) → $388,924 (yr11) → option years to $470,598.
- Two 5-year renewal options; no landlord duties; no right of first refusal.
- 5-mile population 20,143 (+103.1% since 2010, +17.5% projected by 2029); avg HHI $146,680.
- Lowest cap rate of the four — reflects credit and longest term.
See also: Caliber Aubrey property · Caliber Collision · Absolute NNN