

Caliber Collision
Retail | 5.49% CAP | 18,970 SqFt
Marketing description
Institutional-quality single-tenant net leased investment opportunity featuring Caliber Collision, a nationally recognized operator, located at 40360 La Quinta Ln in the heart of Palmdale's growing industrial corridor.
This approximately 18,970 SF collision repair facility is situated on approximately 2.35 acres with excellent street visibility, secured yard area, and specialized automotive improvements including paint and repair infrastructure. The property is leased under a modified NNN structure with 2% annual rent increases and a corporate guaranty, providing investors with stable long-term cash flow and built-in NOI growth. Current lease term extends through February 2028 with one additional 5-year option period.
The site also offers a potential future expansion opportunity of approximately 8,000 SF, with utilities reportedly extended to the expansion area, allowing for further upside potential subject to buyer verification and city approvals. Strategically positioned near Highway 14 and major Antelope Valley growth corridors, this offering combines stable passive income, strong tenant presence, and long-term value-add potential in one of Southern California's expanding industrial markets.
Investment highlights
- Collision repair is needs-based and insurance-driven.
- Auto collision facilities are specialized operational sites with high replacement friction.
- The lease permits automotive collision repair, mechanical repair, paint shop, car rental, towing and office use.
- Tenant has occupied and operated this purpose-built location since the 2018 lease commencement.
- Approximately 8,000+ SF expansion possiblility, per seller.
- Located inside the secured/gated yard.
- Water and power already ran to location.
- Potential to create additional rent if tenant desires expansion and buyer elects to build it out.
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