Available

Joe Hudson’s Collision Center

Seguin, TX 78155

Price

$3,200,000

Cap Rate: 6.00%

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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.

Investment Highlights

  • Long-term lease with over 9 years remaining and rental increases every 5 years
  • Below market rent ($7.52/PSF)
  • Property was recently significantly renovated in 2018 & 2022
  • Proven and successful collision repair location since 1990
  • Joe Hudson’s Collision Center is one of the largest collision repair companies with over 170 locations across the country
  • New roofs as of 2022
  • Qualifies for accelerated bonus depreciation – consult with your CPA
  • E-commerce and recession resistant business model

BROKER OF RECORD

Jeremy Wright - Reimagine CRE

License #: 692387

Location Highlights

  • Located within the San Antonio MSA approximately 35 miles northeast of downtown San Antonio and 50 miles south of Austin
  • Seguin is one of the fastest growing cities in the U.S. with a 5% annual growth rate and a 30% population increase since 2000
  • Strategically located on N Austin Street, a main north-south thoroughfare
  • Located in an income-tax free state
  • San Antonio is the 24th largest MSA in the U.S. with over 2,600,000 residents

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Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031