Matador acquired this property in July 2021. This opportunity was discovered by Jeremy while browsing through his emails and encountering a development project listed by a national investment sales brokerage. The property is prominently situated on Preston Road, which passes through numerous Collin County suburbs, making the asset highly accessible to hundreds of thousands of individuals. The prime location offers prominent visibility and accessibility, enhancing the potential for a significant resale return on investment and providing flexibility for future leasing options. This acquisition includes a 15-year absolute net lease with Caliber Collision, a high-credit tenant. Their profile aligns perfectly with our investment criteria: long-term, corporate-guaranteed NNN leases with incremental rent increases, strategic location choices, and a commitment to customer satisfaction.

• Size: 16,334 SF

• Land: 2.00 AC

• Tenant Type: Single