Lowest cap rate over past 24 months
12 mo avg with 5+ yr lease term
Christian Brothers Automotive is a growing name in the automotive service sector, offering a full range of maintenance and repair services with a customer-first, faith-based philosophy. Net lease locations are typically structured as 15- to 20-year absolute NNN leases with rent escalations every 5 years, and multiple renewal options.
The brand prefers free-standing buildings ranging from 4,500 to 5,500 square feet, typically situated on 0.75 to 1.25 acres, in suburban, high-traffic corridors near residential neighborhoods. Each location includes multiple service bays and on-site parking.
| Average Sale Price | $1,800,000 - $4,000,000 |
| Average NOI | $160,000 - $220,000 |
| Building SF | 4,500 |
| Lease Term | 15 Years |
| Escalations | 10% Every 5 Years |
| Stock Symbol | N/A |
Christian Brothers Automotive was founded by Mark Carr in 1982 in Mission Bend, Texas, with a vision of delivering honest, transparent automotive care in a clean, inviting environment. Over time, it became known for offering a more personalized and ethical alternative to traditional auto repair shops.
The company began franchising in 1996 and has expanded steadily across the country, primarily focusing on suburban markets. Their model emphasizes customer service, faith-driven values, and strong community involvement.
15–20 year absolute NNN leases (no landlord responsibility)
Prime suburban sites with strong visibility and access
Franchisee and corporate-backed locations available
Recession-resistant sector (auto repair demand remains stable)
Privately held – no public financial disclosures
Franchise-backed leases are more common than corporate guarantees
Limited credit ratings available – requires tenant financial review
| Founded | 1982 |
| Headquarters | Houston, TX |
| Number of Locations | 275 |
| Revenue | $1 B |
| Company Website | https://www.cbac.com |
| Key Principal | Donnie Carr |