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Auto Parts

Caliber Collision | New 15 Year NNN Lease

2846 S Getty St, Muskegon, MI 49444

Listing Price: $2,276,300

Cap Rate
5.25%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
21,891
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$5.46

Investment Overview

Strategically located in a popular Midwest waterfront destination, with year round tourism and a focus on growing its economy and infrastructure, this Caliber Collision offers a truly passive NNN investment opportunity.

Investment Highlights

  • Brand New 15-Year NNN Lease, Regular rent increases hedge against inflation
  • Corporate Guarantee, Industry leader in Auto Repair
  • Caliber Collision's 2022 acquisition of existing local body shop company. providing Caliber with an existing customer base
  • Easy access to major highways, 2 miles from Interstate 96
  • Minimal national body shop competition in Muskegon County

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Auto Parts

Caliber Collision | New 15 Year NNN Lease

Listing Price: $2,276,300

Cap Rate
5.25%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
21,891
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$5.46

Investment Highlights

  • Brand New 15-Year NNN Lease, Regular rent increases hedge against inflation
  • Corporate Guarantee, Industry leader in Auto Repair
  • Caliber Collision's 2022 acquisition of existing local body shop company. providing Caliber with an existing customer base
  • Easy access to major highways, 2 miles from Interstate 96
  • Minimal national body shop competition in Muskegon County

Investment Overview

Strategically located in a popular Midwest waterfront destination, with year round tourism and a focus on growing its economy and infrastructure, this Caliber Collision offers a truly passive NNN investment opportunity.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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