Skip to main content

Auto Service - Gas-Conv

Caliber Collision Center | Kansas City MSA | Long Term Absolute Net Lease | 2022 Renovation

12100 East US Hwy 40, Independence (Kansas City MSA), MO 64055

Listing Price: $2,008,582

Cap Rate
5.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.2
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$251.07
Lease Type
Absolute Net
Rent Per Square Feet
$13.81

Investment Overview

Independence is the fifth-largest city in Missouri and the county seat of Jackson County. Independence is a satellite city of Kansas City, Missouri, and is the largest suburb on the Missouri side of the Kansas City metropolitan area. In 2020, it had a total population of 123,011. The Kansas City metropolitan area is a bi-state metropolitan area anchored by Kansas City, Missouri. Its 14 counties straddle the border between the U.S. states of Missouri (9 counties) and Kansas (5 counties). With 8,472 square miles and a population of more than 2.2 million people, it is the second-largest metropolitan area centered in Missouri (after Greater St. Louis) and is the largest metropolitan area in Kansas, though Wichita is the largest metropolitan area centered in Kansas. Alongside Kansas City, Missouri, these are the suburbs with populations above 100,000: Overland Park, Kansas; Kansas City, Kansas; Olathe, Kansas; Independence, Missouri; and Lee’s Summit, Missouri.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2022 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Positioned Along Area's Retail, Industrial & Traffic Corridor: Easy Access & Excellent Visibility w/ Daily Traffic Counts Exceeding 16k Vehicles. Near I-70 (126k+ VPD).
  • Surrounded by Numerous National Retailers including Walmart Supercenter, Lowe's Burlington, Hy-Vee Grocery Store, ALDI, Walgreens, CVS and many more.
  • Densely Populated Kansas City Suburb: Features more than 157k People Residing within a 5-Mile Radius.
  • A Short Drive from Kauffman Stadium - Kansas City Royals's Pro-Baseball Complex including the Royals Hall of Fame & a Themed Kids' Play/Practice Area.
  • Minutes from Arrowhead Stadium - 27th-Largest Stadium in the United States & home to Pro Football's Kansas City Chiefs, also hosting Big-Name Music Acts.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Auto Service - Gas-Conv

Caliber Collision Center | Kansas City MSA | Long Term Absolute Net Lease | 2022 Renovation

Listing Price: $2,008,582

Cap Rate
5.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.2
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$251.07
Lease Type
Absolute Net
Rent Per Square Feet
$13.81

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2022 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Positioned Along Area's Retail, Industrial & Traffic Corridor: Easy Access & Excellent Visibility w/ Daily Traffic Counts Exceeding 16k Vehicles. Near I-70 (126k+ VPD).
  • Surrounded by Numerous National Retailers including Walmart Supercenter, Lowe's Burlington, Hy-Vee Grocery Store, ALDI, Walgreens, CVS and many more.
  • Densely Populated Kansas City Suburb: Features more than 157k People Residing within a 5-Mile Radius.
  • A Short Drive from Kauffman Stadium - Kansas City Royals's Pro-Baseball Complex including the Royals Hall of Fame & a Themed Kids' Play/Practice Area.
  • Minutes from Arrowhead Stadium - 27th-Largest Stadium in the United States & home to Pro Football's Kansas City Chiefs, also hosting Big-Name Music Acts.

Investment Overview

Independence is the fifth-largest city in Missouri and the county seat of Jackson County. Independence is a satellite city of Kansas City, Missouri, and is the largest suburb on the Missouri side of the Kansas City metropolitan area. In 2020, it had a total population of 123,011. The Kansas City metropolitan area is a bi-state metropolitan area anchored by Kansas City, Missouri. Its 14 counties straddle the border between the U.S. states of Missouri (9 counties) and Kansas (5 counties). With 8,472 square miles and a population of more than 2.2 million people, it is the second-largest metropolitan area centered in Missouri (after Greater St. Louis) and is the largest metropolitan area in Kansas, though Wichita is the largest metropolitan area centered in Kansas. Alongside Kansas City, Missouri, these are the suburbs with populations above 100,000: Overland Park, Kansas; Kansas City, Kansas; Olathe, Kansas; Independence, Missouri; and Lee’s Summit, Missouri.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

MM Texture Background
MM Textured Background Lower