3900 Memorial Dr

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Quality Collision investment property located in The Colony, Texas. The tenant, Quality Collision, recently signed a brand new 20-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The 0.85 acre parcel next to the subject property is also available for sale ($28 PSF), contact listing agents for more details.

Quality Collision Group corporate guaranteed lease

New 20-year lease with 2 (5-year) option periods to extend

The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period

The 0.85 acre parcel next to the subject property is also available for sale ($28 PSF), contact listing agents for more details

The Colony’s population has grown by more than 27% since 2010, highlighting the area’s attractiveness to new residents

Dallas-Fort Worth is the fourth-largest metroplex in the United States and has grown by ~11% since 2020

Dense, infill trade area with high barriers for new development

The asset is located at the signalized, hard corner intersection of Memorial Drive and Standridge Drive with a combined 11,500 vehicles passing by daily

Located just off of Sam Rayburn Tollway, a major retail and commuter thoroughfare serving the trade area, which sees 131,600 VPD

The asset has excellent visibility and multiple points of ingress/egress

Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises

No landlord responsibilities

Ideal, management-free investment for a passive investor

More than 224,400 residents and 114,900 employees support the trade area

$177,712 average household income

The subject property is located less than 2 miles from Grandscape, a 400

acre retail and entertainment district that draws over 10 million annual visitors with tenants including Nebraska Furniture Mart, Cosm, Scheels, Portillo’s, Andretti, and many more

Less than 1 mile from Lewisville Towne Crossing, a Target anchored center with other national/credit tenants including PetSmart, Ulta, 24 Hour Fitness, Five Below, McDonald’s, Chili’s, Jersey Mike’s, and others

The asset is located near several multi-family developments including Jefferson Morningstar (373 units), Cortland One Twenty One (328 units), Estancia at Morningstar (300 units), and The Atlantic Stonebriar (294 units)

Nearby national retailers and service-oriented uses drive consistent traffic through the surrounding trade area  

Memorial Drive 11,500 VPD

State Highway 121 131,600 VPD