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Auto Parts

Caliber Collision | Triple Net | New Construction

1916 Cheddar Loop Rd, Austin, TX 78728

Listing Price: $8,209,663

Cap Rate
4.75%
Tenant Name
Caliber Bodyworks of Texas, Inc
Years Remaining On Lease
13.9
Guarantor
Corporate Guarantee
Rentable SF
19,635
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.86

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Caliber Collision located at 1916 Cheddar Loop Rd in Austin, Texas. The site consists of roughly 19,635 rentable square feet of building space and has approximately 14.1 years left on an absolute triple-net (NNN) lease. The annual rent is $389,959, 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 2021 For Caliber Collision
  • ? Property Located In Income Tax Free State
  • ? Pandemic Resistant Business

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Auto Parts

Caliber Collision | Triple Net | New Construction

Listing Price: $8,209,663

Cap Rate
4.75%
Tenant Name
Caliber Bodyworks of Texas, Inc
Years Remaining On Lease
13.9
Guarantor
Corporate Guarantee
Rentable SF
19,635
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.86

Investment Highlights

  • ? Brand New Construction | Property Built in 2021 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 1916 Cheddar Loop Rd in Austin, Texas. The site consists of roughly 19,635 rentable square feet of building space and has approximately 14.1 years left on an absolute triple-net (NNN) lease. The annual rent is $389,959, 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

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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