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Auto Parts

Caliber Collision | Triple Net | New Construction

11556 Philips Hwy, Jacksonville, FL 32256

Listing Price: $7,793,431

Cap Rate
4.75%
Tenant Name
Caliber Bodyworks of Florida, Inc
Years Remaining On Lease
13.4
Guarantor
Corporate Guarantee
Rentable SF
18,635
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.87

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Caliber Collision located at 11556 Philips Hwy in Jacksonville, Florida. The site consists of roughly 18,635 rentable square feet of building space and has approximately 13.75 years left on an absolute triple-net (NNN) lease. The annual rent is $370,188, which is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and continuing through the two (2), five (5)-year tenant renewal options.

Investment Highlights

  • ? Brand New Construction | Property Built in 2020 For Caliber Collision
  • ? Property Located In Income Tax Free State
  • ? Pandemic Resistant Business

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Auto Parts

Caliber Collision | Triple Net | New Construction

Listing Price: $7,793,431

Cap Rate
4.75%
Tenant Name
Caliber Bodyworks of Florida, Inc
Years Remaining On Lease
13.4
Guarantor
Corporate Guarantee
Rentable SF
18,635
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.87

Investment Highlights

  • ? Brand New Construction | Property Built in 2020 For Caliber Collision
  • ? Property Located In Income Tax Free State
  • ? Pandemic Resistant Business

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Caliber Collision located at 11556 Philips Hwy in Jacksonville, Florida. The site consists of roughly 18,635 rentable square feet of building space and has approximately 13.75 years left on an absolute triple-net (NNN) lease. The annual rent is $370,188, which is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and continuing through the two (2), five (5)-year tenant renewal options.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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