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33176545
33176547

1840 Boston Avenue, Longmont, CO 80501

SC
CO FA100069540, CO CO FA100069540
Blue West Capital
BW
CO 100090116
Blue West Capital
Listed by Blue West Capital
$4,150,000
6 days on market
Updated 5 days ago

Caliber Collision | Boulder MSA

Details
Property Type Retail, Industrial
Sub Type Auto Shop
Square Footage 19,670
Cap Rate 5.55%
NOI $230,453
Occupancy 100%
Tenancy Single
Brand/Tenant Caliber Collision
Lease Type NNN
Lease Term 30
Lease Expiration 02/23/2033
Remaining Term 6.7
Rent Bumps Yes
Price per SqFt $211
Year Built 1996
Buildings 1
Acreage 1.850
Zoning Commercial
Parking Spaces 75 per 1,000 sq ft
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/23/2003
Ground Lease No
Dock High Doors 3

TRIPLE-NET (NNN) LEASE COLLISION CENTER | T0P 10 CALIBER IN COLORADO

Marketing description

Blue West Capital is pleased to exclusively present the opportunity to acquire a single-tenant automotive collision repair facility located in Longmont, Colorado. The property is leased to Caliber Bodyworks of Colorado, Inc., a subsidiary of Caliber Holdings Corporation, the largest collision repair operator in the United States. The investment offers stable income through a triple-net lease structure.

The property is positioned near the signalized intersection of Boston Avenue and S Hover Street. Surrounding national retailers include Target, The Home Depot, King Soopers, Sam’s Club, At Home, and Discount Tire. The area benefits from strong population and income growth, affluent demographics with average household incomes exceeding $110,000 within one mile, and convenient regional access via U.S. Highway 287, State Highway 119, and Interstate 25.

Investment highlights

  • Corporate-backed Caliber Collision tenant with national scale and brand recognition
  • 6.7 years remaining with 12.5% scheduled rent increase 2/24/2028
  • Triple-net (NNN) lease structure with limited landlord responsibilities
  • Large 19,670 SF facility situated on 1.85 AC with 0.45 AC of fenced yard
  • Ranked Top 10 among Colorado Caliber Collision locations and within the top 12% nationally according to Placer.ai
  • Surrounding national retailers include Target, The Home Depot, Sam's Club, Discount Tire, and King Soopers
  • Affluent demographics with average household incomes exceeding $110,000 within a one-mile radius

Listing Contacts

SC
CO FA100069540, CO CO FA100069540
Blue West Capital
BW
CO 100090116
Blue West Capital
Listed by Blue West Capital

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$230,453.00
$19,204.42/mo

Valuation Metrics

0
DSCR
5.55%
Cap Rate
5.55%
ROI

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Additional Information

Name
Sam Crowe
License
FA100069540
Brokerage Phone
720-551-8577
Name
Brian Wolfman
License
100090116
Brokerage
Blue West Capital
Brokerage Phone
253-555-2222
Title
Director
Brokerage Address
650 South Cherry Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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