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.
Caliber Collision | New 15 Year NNN Lease
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
Financing By
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
Financing By
