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Auto Parts

Caliber Collision

2820 S Orlando Dr, Sanford, FL 32773

Listing Price: $6,732,821

Cap Rate
4.75%
Tenant Name
Caliber Bodyworks of Florida, Inc
Years Remaining On Lease
13.8
Guarantor
Corporate Guarantee
Rentable SF
16,900
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.92

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Caliber Collision located at 2820 South Orlando Drive in Sanford, Florida. The site consists of roughly 16,900 rentable square feet of building space on estimated 2.12-acre parcel of land. This Caliber Collision is subject to a 15-year absolute triple-net (NNN) lease, which commenced April 1st, 2021. The current annual rent is $319,809 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 2, 5-year renewal options.

Investment Highlights

  • Brand New Construction | Property Built in 2021 For Caliber Collision
  • Property Located In Income Tax Free State | Orlando MSA
  • 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

Listing Price: $6,732,821

Cap Rate
4.75%
Tenant Name
Caliber Bodyworks of Florida, Inc
Years Remaining On Lease
13.8
Guarantor
Corporate Guarantee
Rentable SF
16,900
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.92

Investment Highlights

  • Brand New Construction | Property Built in 2021 For Caliber Collision
  • Property Located In Income Tax Free State | Orlando MSA
  • Pandemic Resistant Business

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Caliber Collision located at 2820 South Orlando Drive in Sanford, Florida. The site consists of roughly 16,900 rentable square feet of building space on estimated 2.12-acre parcel of land. This Caliber Collision is subject to a 15-year absolute triple-net (NNN) lease, which commenced April 1st, 2021. The current annual rent is $319,809 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 2, 5-year 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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