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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33166746
33166747

109 Rocky Lane, Willard, MO 65781

SG
AZ SA704287000
Matthews
AD
CA 02087057, AZ SA705467000
Matthews
Listed by Matthews
$1,500,000
7 days on market
Updated 0 days ago

Caliber Collision of Willard, MO

Details
Property Type Retail, Industrial
Sub Type Auto Shop, Flex (+1)
Square Footage 11,150
Net Rentable (SqFt) 11,150
Cap Rate 6.94%
NOI $104,040
Occupancy 100%
Tenancy Single
Brand/Tenant Caliber Collision
Lease Type NN+
Lease Term 10
Lease Expiration 01/31/2034
Remaining Term 7.7
Rent Bumps Yes
Lease Options Two, 5 Year Options
Price per SqFt $135
Year Built 1947
Year Renovated 2018, 2022
Buildings 3
Acreage 2.920
Zoning I
Investment Type Stabilized
Tenant Credit Corporate Guarantee
Lease Commencement 01/20/2024
Ground Lease No
Sale Condition 1031 exchange

Caliber Collision NNN Investment with 7.7 Years Remaining

Investment highlights

• Long-Term NN Lease to Caliber Collision: 10-year lease commenced January 2024 with approximately 7.7 years remaining and expiration in January 2034.

• Strong Corporate Guarantee: Lease guaranteed by WAND NEWCO 3, INC., Caliber’s strongest guarantor entity.

• Annual Rent Growth: Attractive 2% annual rent increases provide built-in NOI growth and inflation protection.

• Industry-Leading Tenant: Caliber is the nation’s largest collision repair operator with more than 1,800 locations nationwide.

• Recession & Internet Resistant Use: Collision repair is a necessity-based, insurance-driven business insulated from e-commerce disruption.

• Insurance-Driven Customer Base: Preferred relationships with major insurance carriers provide recurring customer demand and stable revenue flow.

• Strategic Long-Term Commitment: Caliber acquired and rebranded the former Carstar Tanner location while executing a new long-term lease.

• High-Visibility US-160 Location: Positioned along a major state highway with approximately 14,000 vehicles per day.

• Large Functional Facility: ±11,150 SF collision repair facility situated on approximately 2.92 acres.

• Strong Demographics: Approximately 151,205 residents within a 10-mile radius support long-term service demand.

Listing Contacts

SG
AZ SA704287000
Matthews
AD
CA 02087057, AZ SA705467000
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,039.96
$8,670.00/mo

Valuation Metrics

0
DSCR
6.94%
Cap Rate
6.94%
ROI

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Additional Information

Name
Kyle Matthews
License
2017010164, 2022018843 (MO)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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