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29201095
29201098

1403 W Pico Blvd, Los Angeles, CA 90015

JS
CA 01856228
CP Partners
Listed by CP Partners
$11,380,691
142 days on market
Updated 9 days ago

Caliber Collision

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 41,420
Net Rentable (SqFt) 41,420
Cap Rate 5.5%
NOI $625,938
Occupancy 100%
Tenancy Single
Brand/Tenant Caliber Collision
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 08/31/2040
Remaining Term 14.3
Lease Options Three, 5-Year
Price per SqFt $275
Acreage 1.100
Investment Type Net Lease
Lease Commencement 09/01/2025

New 15-Year Absolute NNN Lease | Among Top 1% of Caliber Locations in the U.S. (by visits)

Marketing description

Recently renewed, 15-year absolute NNN corporate lease to the nation’s largest collision repair provider. A rare opportunity to acquire a fully stabilized industrial asset in the dense infill Pico-Union submarket in Los Angeles.

The subject property is situated at the strategic I-10 / I-110 interchange – a critical logistics corridor connecting the Port of Los Angeles with the greater Los Angeles trade area. With daily traffic volumes exceeding 590,000 vehicles per day, this irreplaceable urban industrial asset benefits from strong tenant credit, exceptional connectivity, and significant barriers to entry, supporting long-term income and appreciation.

Investment highlights

  • Brand-new, 15-year corporate lease to Caliber Collision, the nation’s leading collision repair provider with over 1,800+ locations nationwide

  • Top 12 Caliber location in the U.S. (Placer.ai) – ranked among the company’s highest-performing sites in the U.S.

  • Caliber recently renewed for 15 years, demonstrating long-term commitment. The location has proven resilient across multiple economic cycles

  • Opportunity to acquire a mission-critical infill industrial asset with irreplaceable zoning in one of the densest trade areas in the U.S

  • Combined daily traffic counts of ~ 590,000 vehicles per day

  • Immediate access to critical freeway infrastructure linking the Port of Los Angeles/Long B each, Downtown LA, and the regional consumer base

  • L.A. is the nation’s largest industrial market and the gateway for Pacific trade; infill assets near the dense consumer base are highly constrained and difficult to replicate

Listing Contacts

JS
CA 01856228
CP Partners
Listed by CP Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$625,938.00
$52,161.50/mo

Valuation Metrics

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DSCR
5.5%
Cap Rate
5.5%
ROI

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