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.
Caliber Collision | Brand New 2023 Construction
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
Financing By
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
Financing By
