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Auto Parts

Caliber Collision | Brand New 2023 Construction

Adams St & Haefner Dr, Mankato, MN 56001

Listing Price: $5,328,785

Cap Rate
5.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net
Rent Per Square Feet
$19.03

Investment Overview

This property features brand new built-to-suit construction and a brand new 15-year NNN lease, which recently commenced in January 2023. Caliber Collision is the industry leader for auto body repair with over 1,600 locations in over 40 states.

Investment Highlights

  • Brand New 15-Year NNN Lease
  • 2023 Construction in a desirable retail expansion area
  • Regular rent increases hedge against inflation
  • Easy access to major highways
  • Will be the ONLY Caliber in Greater Mankato Region
  • Corporate Guarantee
  • Industry leader in Auto Body Repair
  • Located in a fast growing market; growing over 20% in the last 10 years

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Financing By

Auto Parts

Caliber Collision | Brand New 2023 Construction

Listing Price: $5,328,785

Cap Rate
5.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net
Rent Per Square Feet
$19.03

Investment Highlights

  • Brand New 15-Year NNN Lease
  • 2023 Construction in a desirable retail expansion area
  • Regular rent increases hedge against inflation
  • Easy access to major highways
  • Will be the ONLY Caliber in Greater Mankato Region
  • Corporate Guarantee
  • Industry leader in Auto Body Repair
  • Located in a fast growing market; growing over 20% in the last 10 years

Investment Overview

This property features brand new built-to-suit construction and a brand new 15-year NNN lease, which recently commenced in January 2023. Caliber Collision is the industry leader for auto body repair with over 1,600 locations in over 40 states.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

Financing By

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