Tesla Collision Center

Houston
TX
Texas

Call for Details

$

23,465,000

Call for Details
5.50
%
CAP Rate

532,000+

Population within 5 Miles

$143,000+

Average Household Income within a 5 Mile Radius

MSA GDP of $537B

Houston-The Woodlands-Sugar Land MSA

Property details
  1. New Lease to Tesla (NASDAQ: TSLA) in Desirable Uptown/Galleria Area of Houston
    • Corporate Guaranty from Tesla, Inc.
  2. Mission-Critical Location in Close Proximity to the I-69/I-610 Interchange
    • A Major Connection Point of Two Extremely Busy Highways Serving the Greater Houston Area
  3. Tesla Sees Substantial Revenue Growth in Company-Owned Auto Body Shops
  4. Tesla Has Been Profitable for 21 Straight Quarters
  5. Reported Net Income of $2.17 Billion in Q3 of 2024
    • Total Revenue of $25.2B
    • Operating Margin of 10.8% Among the Highest in the Industry
  6. Market Cap of 838.8 Billion (October 2024)
  7. Model Y Became the Best-Selling Vehicle Globally in Q1 2023
  8. Tesla was Raised to Investment Grade Status Baa3 by Moody's in March 2023 and S&P Global Investment Grade Rating of BBB in October 2022
    • Business Friendly City with Favorable Tax Climate
  9. Robust Regional Economy - GDP for the Houston-The Woodlands-Sugar Land MSA was $537 Billion, the 4th Largest of Any Metro Area in the U.S.
  10. No State Income Tax in Texas

Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
53,111
SF
Lot Size
4.67
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387