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105 Hollywood Rd
Houma, LA 70364

$5,543,000 USD

Auto Repair For Sale  •  16,570 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 16,570 SF
  • Lot Size 1.38 AC
  • Building Class C
  • Year Built 2027
  • Cap Rate 5.75 %
  • Tenancy Single
50 Walk Score

Highlights

Direct corporate guaranty from Gerber Collision (Boyd Group Services Inc.) | BB (high) credit rating | 1,300+ locations across North America (NYSE: BG
10% rent increase every 5 years through the initial term and all options | Absolute NNN lease with zero landlord responsibilities | Three (3) five (5)
NOI grows from $318,730 to $513,318 over the lease | Built-in 10% increases every 5 years, current term and options alike | Up to 30 years of total le
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Gerber Collisions

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
David Hoppe 980-498-3293 Atlantic Capital Partners
David Hoppe 980-498-3293 Atlantic Capital Partners