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Auto Service - Gas-Conv

Caliber Collision | Within One of Fastest-Growing Counties in Idaho | 15 Year Absolute Net Lease

1188 Latitude Cir, Twin Falls (Magic Valley), ID 83301

Listing Price: $5,380,247

Cap Rate
4.85%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
11,500
Guarantor
Corporate Guarantee
Rentable SF
11,500
Price/Gross SF
$467.85
Lease Type
Absolute Net
Rent Per Square Feet
$22.69

Investment Overview

Twin Falls is the county seat and largest city of Twin Falls County, Idaho, United States. In the Magic Valley region, Twin Falls is the largest city in a one-hundred-mile radius, and is the regional commercial center for south-central Idaho and northeastern Nevada. It is the principal city of the Twin Falls Metropolitan Statistical Area, which officially includes the entirety of Twin Falls and Jerome counties. The border town resort community of Jackpot, Nevada, fifty miles south at the state line, is unofficially considered part of the greater Twin Falls area. Twin Falls, the state’s 7th largest city, is the fastest growing city in South-Central Idaho. In response to a growing population base, Twin Falls County voters voted to construct a new hospital in the northwest section of Twin Falls to replace the city’s existing hospital. In spring 2011 the new 700,000 sq/ft. facility, St. Luke’s Magic Valley, was opened. One of the features of the new hospital is that all 186 rooms are private with family accommodations. Twin Falls has seen rapid development since 2006.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2022 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,400 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Minutes from Numerous Auto Dealerships and Auto Service Centers Subaru, Honda, Ford, Buick, GMC, Chevrolet, Volkswagen, Jeep, Dodge, Mazda, Lincoln and many more.
  • Near Numerous National Retailers including Walmart Supercenter, Target, Costco, WinCo Foods, Lowe's, The Home Depot, Hobby Lobby, Dick's Sporting Goods, Best Buy, Ross, Petco and many more.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction
  • In Close Proximity from Magic Valley Mall - an Enclosed Shopping Center featuring more than 80 Retail Stores, Restaurants and a Movie Theater.
  • Walking Distance from St. Luke's Magic Valley Medical Center - a 186-Bed State-of-the-Art Medical Center Opened in 2011 to Serve the People of Southern Idaho and Northern Nevada. A Short Drive from College of Southern Idaho - 85% of the Student Body is from Idaho's Magic Valley Region with approximately 9k+ Students Currently Enrolled.

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) ID: DB54599

    Idaho

Financing By

Auto Service - Gas-Conv

Caliber Collision | Within One of Fastest-Growing Counties in Idaho | 15 Year Absolute Net Lease

Listing Price: $5,380,247

Cap Rate
4.85%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
11,500
Guarantor
Corporate Guarantee
Rentable SF
11,500
Price/Gross SF
$467.85
Lease Type
Absolute Net
Rent Per Square Feet
$22.69

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2022 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,400 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Minutes from Numerous Auto Dealerships and Auto Service Centers Subaru, Honda, Ford, Buick, GMC, Chevrolet, Volkswagen, Jeep, Dodge, Mazda, Lincoln and many more.
  • Near Numerous National Retailers including Walmart Supercenter, Target, Costco, WinCo Foods, Lowe's, The Home Depot, Hobby Lobby, Dick's Sporting Goods, Best Buy, Ross, Petco and many more.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction
  • In Close Proximity from Magic Valley Mall - an Enclosed Shopping Center featuring more than 80 Retail Stores, Restaurants and a Movie Theater.
  • Walking Distance from St. Luke's Magic Valley Medical Center - a 186-Bed State-of-the-Art Medical Center Opened in 2011 to Serve the People of Southern Idaho and Northern Nevada. A Short Drive from College of Southern Idaho - 85% of the Student Body is from Idaho's Magic Valley Region with approximately 9k+ Students Currently Enrolled.

Investment Overview

Twin Falls is the county seat and largest city of Twin Falls County, Idaho, United States. In the Magic Valley region, Twin Falls is the largest city in a one-hundred-mile radius, and is the regional commercial center for south-central Idaho and northeastern Nevada. It is the principal city of the Twin Falls Metropolitan Statistical Area, which officially includes the entirety of Twin Falls and Jerome counties. The border town resort community of Jackpot, Nevada, fifty miles south at the state line, is unofficially considered part of the greater Twin Falls area. Twin Falls, the state’s 7th largest city, is the fastest growing city in South-Central Idaho. In response to a growing population base, Twin Falls County voters voted to construct a new hospital in the northwest section of Twin Falls to replace the city’s existing hospital. In spring 2011 the new 700,000 sq/ft. facility, St. Luke’s Magic Valley, was opened. One of the features of the new hospital is that all 186 rooms are private with family accommodations. Twin Falls has seen rapid development since 2006.

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s): ID: DB54599

    Idaho

Financing By

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