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Auto Parts

Caliber Collision

415 N Towanda Ave, Normal, IL 61761

Listing Price: $2,314,740

Cap Rate
5.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.0
Guarantor
Corporate Guarantee
Rentable SF
11,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.33

Investment Overview

This NNN lease commenced in July of 2021 and has 14 years remaining, and has a corporate guarantee from the industry leader in auto repair. Zero landlord responsibilities makes for a truly passive investment opportunity.

Investment Highlights

  • True NNN Lease - Zero Landlord Obligations
  • Long Term Investment - 14 Years Remaining with Secure and Passive Income
  • Corporate Guaranty from the Industry Leading Auto Body Repair Provider
  • ABRA Merger with Caliber Collision created a Leading Collision Repair Chain, now with 1,500 locations in 40 States
  • Rent Increases to Hedge Against Inflation - 10% Every 5 Years
  • Part of the Bloomington MSA with over 124,000 Residents within a 5-Mile Radius
  • Strategically Located - 1.8 Miles from Illinois State University with over 20,000 students enrolled
  • Directly Adjacent to the Bloomington-Normal Auto Mall, and near the Bridgestone Tire Manufacturing Facility

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Auto Parts

Caliber Collision

Listing Price: $2,314,740

Cap Rate
5.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.0
Guarantor
Corporate Guarantee
Rentable SF
11,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.33

Investment Highlights

  • True NNN Lease - Zero Landlord Obligations
  • Long Term Investment - 14 Years Remaining with Secure and Passive Income
  • Corporate Guaranty from the Industry Leading Auto Body Repair Provider
  • ABRA Merger with Caliber Collision created a Leading Collision Repair Chain, now with 1,500 locations in 40 States
  • Rent Increases to Hedge Against Inflation - 10% Every 5 Years
  • Part of the Bloomington MSA with over 124,000 Residents within a 5-Mile Radius
  • Strategically Located - 1.8 Miles from Illinois State University with over 20,000 students enrolled
  • Directly Adjacent to the Bloomington-Normal Auto Mall, and near the Bridgestone Tire Manufacturing Facility

Investment Overview

This NNN lease commenced in July of 2021 and has 14 years remaining, and has a corporate guarantee from the industry leader in auto repair. Zero landlord responsibilities makes for a truly passive investment opportunity.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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