CALIBER COLLISION | 15YR ABSOLUTE NET LEASE

16,345 SF | Retail Building | El Paso, TX 79938 | $6,280,704 ($384/SF) | 6.25% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $6,280,704

Property Type
Retail
Square Feet
16,345 SF
Price / Square Foot
$384

Listing Contacts

Alvin Mansour
Alvin Mansour
Verified Profile
Jon Talia
Jon Talia
Verified Profile
  • Property Info

Property Overview

Brand New 2024 Construction | Near Numerous Used Auto Sales & Parts Centers, Auto Service Centers and Auto Salvage Centers | Densely Populated Area | Immediate Area Experiencing Major Growth | Qualifies for Accelerated Depreciation | Recession Resistant Concept

Property Details

Year Built
2024
Stories
1
Property Subtype
Freestanding, Vehicle Related, Storefront, Service
Lot Size (sq. ft)
92,347 SF

Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • Brand New 2024 Construction. Caliber Collision is the Nation’s Largest Collision Repair provider - 1,700 Convenient Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • In Close Proximity to Numerous Used Auto Sales & Parts Centers, Auto Service Centers and Auto Salvage Centers.
  • Densely Populated Area: Features more than 147k People Residing within a 5-Mile Radius. El Paso is the Second-Largest City in Southwest U.S.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

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