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
- New Lease to Tesla (NASDAQ: TSLA) in Desirable Uptown/Galleria Area of Houston
- Corporate Guaranty from Tesla, Inc.
- 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
- Tesla Sees Substantial Revenue Growth in Company-Owned Auto Body Shops
- Tesla Has Been Profitable for 21 Straight Quarters
- 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
- Market Cap of 838.8 Billion (October 2024)
- Model Y Became the Best-Selling Vehicle Globally in Q1 2023
- 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
- 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.
- No State Income Tax in Texas
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387