Listed by Marcus & Millichap - San Diego
$7,300,000
CALIBER COLLISION | 15 YR ABS. NET LEASE | 2026 CONSTRUCTION
Details
APN R318692
Property Type Retail, Industrial
Sub Type Storefront, Auto Shop
Square Footage 17,549
Units 1
Cap Rate 5.75%
NOI $419,736
Tenancy Single
Brand/Tenant Caliber Collision
Lease Type Absolute NNN
Lease Expiration 09/29/2041
Remaining Term 15.3
Rent Bumps Yes
Class A
Year Built 2026
Acreage 2.920
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Industrial | 5.75% CAP | 17,549 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310651/caliber-collision-center
Investment highlights
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction.
- Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System. The University Currently Enrolls 40,525+ Students, making it the Sixth-Largest University in Texas.
- Strategic Access to Major Regional Transportation Routes - Convenient Access to Marsha Sharp Freeway, Loop 289, and U.S. Highway 84 provides Direct Connectivity throughout Lubbock and the Greater West Texas Region, enhancing Visibility and Ease of Access for Customers.
- Densely Populated Area: 154k+ People Residing within a 5-Mile Radius. Northwest Lubbock Continues to Experience Significant Residential Construction with Numerous Master Planned Communities Delivering New Housing Units and increasing Consumer Demand in the Area.
- In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Toyota, Ford, Kia, Nissan, Infinity, Volvo, Chevrolet, Buick, Subaru, Dodge, Chrysler, Jeep, Fiat, GMC, Honda and many more.
- Large Regional Trade Area serving West Texas and Eastern New Mexico - as the Largest City in West Texas, Lubbock serves a Trade Area of more than 1 Million People across the South Plains Region. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$419,736.00
$34,978.00/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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