902 Kilgore Drive Henderson, TX 75652

This ±19,800 square foot collision repair center in Henderson, TX, presents a compelling investment opportunity. Located at 902 Kilgore Drive, 75652, on a ±2.24-acre lot, the property boasts a nearly 10-year remaining lease with Classic Collision, a TPG Capital-owned company managing $239 billion in assets and operating over 300 locations nationwide. The lease includes built-in 7.50% rent escalations every five years, providing a strong hedge against inflation. The property generates a net operating income of $138,000, resulting in a 7.75% cap rate. This acquisition is part of Classic Collision's strategic expansion in East Texas, including six additional locations. The property also includes a secondary revenue stream from a co-tenant, Enterprise Rental Cars, further solidifying its long-term stability and strong partnership. This state-of-the-art facility offers minimal landlord responsibilities and significant potential for future appreciation. The asking price is $1,780,646.