Collision center in one of the fastest growing cities in the U.S.
Blue West Capital is pleased to exclusively offer for sale a single tenant Joe Hudson’s Collision Center located in the San Antonio MSA. The Joe Hudson’s Collision Center is in Seguin, TX, one of the fastest growing cities in the U.S. with 5% annual population growth. In 2022, Joe Hudson’s Collision Center signed a 10-year net lease that features 5% rental increases every five years. The offering features two properties located across the street from each other that are subject to one lease. The location has a long and successful operating history as a collision repair center (since 1990).
The properties underwent significant renovations in 2018 and 2022, including new roofs in 2022. There are over 8 years remaining on the current lease term. The rent is below market at $7.52/SF. Joe Hudson’s Collision Center is one of the largest collision repair companies with over 170 locations across the country.