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Auto Service - Gas-Conv

Caliber Collision Center | Montana | 15 Year Absolute Net Lease | Brand New 2023 Construction

4130 Kari Ln, Billings, MT 59106

Listing Price: $6,557,516

Cap Rate
4.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.5
Gross SF
18,600
Guarantor
Corporate Guarantee
Rentable SF
18,600
Price/Gross SF
$352.55
Lease Type
Absolute Net
Rent Per Square Feet
$16.75

Investment Overview

Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

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 2023 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.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction
  • Across from GMC, Kia and in Close Proximity to Numerous other Auto Dealerships and Auto Service Centers including Chevrolet, Mercedes, Subaru, Nissan, Honda, Hyundai and more.
  • The City of Billings is Experiencing Rapid Growth and a Strong economy; it has had and is Continuing to have the Largest Growth of any city in Montana.
  • Down the Street from City College at Montana State University Billings - the State's third Largest University that offers more than 100 Specialized Programs.
  • Near Numerous National Retailers including Walmart Supercenter, Home Depot, Best Buy, Costco, Lowe's, REI, Kohl's and more. Minutes from Rimrock Mall (60+ Stores). Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

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

  • Adam Christofferson

    Senior Vice President/Division Manager

    (801) 736-2600

    License(s) MT: RRE-BRO-LIC-15748

    Montana

Financing By

Auto Service - Gas-Conv

Caliber Collision Center | Montana | 15 Year Absolute Net Lease | Brand New 2023 Construction

Listing Price: $6,557,516

Cap Rate
4.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.5
Gross SF
18,600
Guarantor
Corporate Guarantee
Rentable SF
18,600
Price/Gross SF
$352.55
Lease Type
Absolute Net
Rent Per Square Feet
$16.75

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 2023 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.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction
  • Across from GMC, Kia and in Close Proximity to Numerous other Auto Dealerships and Auto Service Centers including Chevrolet, Mercedes, Subaru, Nissan, Honda, Hyundai and more.
  • The City of Billings is Experiencing Rapid Growth and a Strong economy; it has had and is Continuing to have the Largest Growth of any city in Montana.
  • Down the Street from City College at Montana State University Billings - the State's third Largest University that offers more than 100 Specialized Programs.
  • Near Numerous National Retailers including Walmart Supercenter, Home Depot, Best Buy, Costco, Lowe's, REI, Kohl's and more. Minutes from Rimrock Mall (60+ Stores). Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

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

  • Adam Christofferson

    Senior Vice President/Division Manager

    (801) 736-2600

    License(s): MT: RRE-BRO-LIC-15748

    Montana

Financing By

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