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Auto Service - Gas-Conv

Caliber Collision Center | Montana | 15 Year Absolute Net Lease | Brand New 2022 Construction

2080 Rea Ave, Helena, MT 59602

Listing Price: $6,067,305

Cap Rate
4.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
0.4
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$376.85
Lease Type
Absolute Net
Rent Per Square Feet
$17.90

Investment Overview

Helena is the capital city of Montana and the county seat of Lewis and Clark County. Helena was founded as a gold camp during the Montana gold rush, and established on October 30, 1864.Due to the gold rush, Helena would become a wealthy city, with approximately 50 millionaires inhabiting the area by 1888. The concentration of wealth contributed to the city’s prominent, elaborate Victorian architecture. It is the principal city of the Helena Micropolitan Statistical Area, which includes all of Lewis and Clark and Jefferson counties; its population is 83,058 according to the 2020 Census. Helena has a long record of economic stability with its history as being the state capital and being founded in an area rich in silver and lead deposits. Its status as capital makes it a major hub of activity at the county, state, and federal level. According to the Helena Area Chamber of Commerce, the capital’s median household income is $50,889, and its unemployment rate stood at 3.8% in 2013, about 1.2% lower than the rest of the state. Education is a major employer, with two high schools and accompanying elementary and middle schools for K–12 students as well as Helena College. Major private employers within the city of Helena include Carroll College and the medical community. Helena’s economy is also bolstered by Fort William Henry Harrison, the training facility for the Montana National Guard, located just outside the city. Fort Harrison is also home to Fort Harrison VA Medical Center, where many Helena-area residents work.

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.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction
  • Positioned Along Area's Major Traffic & Retail Corridor. Hard Corner Location - Features Easy Access and Excellent Visibility near a Major Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 31k Vehicles. Immediate Access to I-15 (21k+ VPD).
  • Less than a Mile from Helena Regional Airport - a Primary Commercial Service Airport with more than 38k Aircraft Operations annually.
  • Near Numerous National Retailers including Lowe's, Target, Albertsons, The Home Depot, Costco, WinCo Foods, Super 1 Foods, Hobby Lobby, Natural Grocers and many more. 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 2022 Construction

Listing Price: $6,067,305

Cap Rate
4.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
0.4
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$376.85
Lease Type
Absolute Net
Rent Per Square Feet
$17.90

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.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction
  • Positioned Along Area's Major Traffic & Retail Corridor. Hard Corner Location - Features Easy Access and Excellent Visibility near a Major Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 31k Vehicles. Immediate Access to I-15 (21k+ VPD).
  • Less than a Mile from Helena Regional Airport - a Primary Commercial Service Airport with more than 38k Aircraft Operations annually.
  • Near Numerous National Retailers including Lowe's, Target, Albertsons, The Home Depot, Costco, WinCo Foods, Super 1 Foods, Hobby Lobby, Natural Grocers and many more. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Helena is the capital city of Montana and the county seat of Lewis and Clark County. Helena was founded as a gold camp during the Montana gold rush, and established on October 30, 1864.Due to the gold rush, Helena would become a wealthy city, with approximately 50 millionaires inhabiting the area by 1888. The concentration of wealth contributed to the city’s prominent, elaborate Victorian architecture. It is the principal city of the Helena Micropolitan Statistical Area, which includes all of Lewis and Clark and Jefferson counties; its population is 83,058 according to the 2020 Census. Helena has a long record of economic stability with its history as being the state capital and being founded in an area rich in silver and lead deposits. Its status as capital makes it a major hub of activity at the county, state, and federal level. According to the Helena Area Chamber of Commerce, the capital’s median household income is $50,889, and its unemployment rate stood at 3.8% in 2013, about 1.2% lower than the rest of the state. Education is a major employer, with two high schools and accompanying elementary and middle schools for K–12 students as well as Helena College. Major private employers within the city of Helena include Carroll College and the medical community. Helena’s economy is also bolstered by Fort William Henry Harrison, the training facility for the Montana National Guard, located just outside the city. Fort Harrison is also home to Fort Harrison VA Medical Center, where many Helena-area residents work.

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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