Caliber Collision | Great Falls, MT
17,052 SF | Retail Building | Great Falls, MT 59405 | $5,315,625 ($312/SF) | 6.40% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,315,625
- Sale Condition
- 1031 Exchange
- Property Type
-
Retail
- Square Feet
- 17,052 SF
- Price / Square Foot
- $312
Listing Contacts
Lior Regenstreif
Verified Profile
- Property Info
Property Overview
This opportunity provides a qualified buyer with a long term and stable passive investment, featuring a 15 year true NNN lease to commence Q1 2024 followed by two 5-year renewal options and 10% rent bumps every 5-years (including base & option periods), to hedge against inflation. Zero landlord responsibilities, makes this investment a true sleep-at-night passive investment.
Great Falls is Montana's 3rd largest city, and is ranked as the #1 place in the state to start a business. The subject site is just a few miles from the Malmstrom Air Force Base, which is the largest military base in Montana. There is minimal competition in the region, and this Caliber Collision location will serve the city's 60,000+ residents.
AS LONG AS THERE ARE CARS ON THE ROAD THERE WILL BE A NEED FOR BODY SHOPS! Caliber offers over 1600+ locations nationwide is the most recomended autobody repair shop by many of the major insurance providers. Every lease is CORPORATE GUARANTEED!
Great Falls is Montana's 3rd largest city, and is ranked as the #1 place in the state to start a business. The subject site is just a few miles from the Malmstrom Air Force Base, which is the largest military base in Montana. There is minimal competition in the region, and this Caliber Collision location will serve the city's 60,000+ residents.
AS LONG AS THERE ARE CARS ON THE ROAD THERE WILL BE A NEED FOR BODY SHOPS! Caliber offers over 1600+ locations nationwide is the most recomended autobody repair shop by many of the major insurance providers. Every lease is CORPORATE GUARANTEED!
Property Details
- Class
- C
- Year Built/Renovated
- 1981/2023
- Stories
- 1
- Property Subtype
- Vehicle Related, Freestanding, Service
- Lot Size (sq. ft)
- 116,305 SF
Highlights
- Brand new 15 year absolute net lease, zero landlord obligations and regular 10% rent increases every 5 years hedge against inflation
- Brand New 2024 Retrofit Construction
- Strong Corporate Guaranty from the Largest Collision Repair Company in the U.S. (1,700+ Locations)
- Minimal Competition, the closest existing Caliber is over 90 miles away in Helena
- Strategically located near many large industrial facilities and the Malmstrom Air Force Base, Montana's largest military operation
- Site is Open and Paying Rent
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