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Auto Service - Gas-Conv

Caliber Collision | Oklahoma City | 15 Yr Abs Net Lease | Brand New 2023 Construction | $131k+ HHI

17925 N Pennsylvania Ave, Oklahoma City, OK 73012

Listing Price: $5,666,667

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.4
Gross SF
16,125
Guarantor
Corporate Guarantee
Rentable SF
16,125
Price/Gross SF
$351.42
Lease Type
Absolute Net
Rent Per Square Feet
$21.09

Investment Overview

Oklahoma City, officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 22nd among United States cities in population, and is the 11th largest city in the Southern United States. The population grew following the 2010 census and reached 681,054 in the 2020 census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma’s largest municipality and metropolitan area by population. Oklahoma City’s city limits extend somewhat into Canadian, Cleveland, and Pottawatomie counties, though much of those areas outside the core Oklahoma County area are suburban tracts or protected rural zones (watershed). The city is the eighth-largest in the United States by area including consolidated city-counties; it is the second-largest, after Houston, not including consolidated cities. The city is also the second largest by area among state capital cities in the United States, after Juneau, Alaska.

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 1,500 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 & Housing Developments / Under Construction.
  • Positioned Along Area's Traffic and Retail Corridor. Features Easy Access and Excellent Visibility near a Signalized Intersection with Combined Daily Traffic Counts of 28k Vehicles.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $131k within a 1-Mile Radius and over 155k People Residing within a 5-Mile Radius.
  • Near Numerous National Retailers including Walmart Supercenter, Kohl's, CVS Pharmacy, Natural Grocers, Walmart Neighborhood Market 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

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Auto Service - Gas-Conv

Caliber Collision | Oklahoma City | 15 Yr Abs Net Lease | Brand New 2023 Construction | $131k+ HHI

Listing Price: $5,666,667

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.4
Gross SF
16,125
Guarantor
Corporate Guarantee
Rentable SF
16,125
Price/Gross SF
$351.42
Lease Type
Absolute Net
Rent Per Square Feet
$21.09

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 1,500 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 & Housing Developments / Under Construction.
  • Positioned Along Area's Traffic and Retail Corridor. Features Easy Access and Excellent Visibility near a Signalized Intersection with Combined Daily Traffic Counts of 28k Vehicles.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $131k within a 1-Mile Radius and over 155k People Residing within a 5-Mile Radius.
  • Near Numerous National Retailers including Walmart Supercenter, Kohl's, CVS Pharmacy, Natural Grocers, Walmart Neighborhood Market and many more.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Oklahoma City, officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 22nd among United States cities in population, and is the 11th largest city in the Southern United States. The population grew following the 2010 census and reached 681,054 in the 2020 census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma’s largest municipality and metropolitan area by population. Oklahoma City’s city limits extend somewhat into Canadian, Cleveland, and Pottawatomie counties, though much of those areas outside the core Oklahoma County area are suburban tracts or protected rural zones (watershed). The city is the eighth-largest in the United States by area including consolidated city-counties; it is the second-largest, after Houston, not including consolidated cities. The city is also the second largest by area among state capital cities in the United States, after Juneau, Alaska.

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

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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