Auto Service - Gas-Conv
Caliber Collision Center | California | 6% CAP | 15 Year Lease | 2022 Renovation
115 Florence Street, Turlock (Central California), CA 95380
Listing Price: $3,580,645
Investment Overview
Turlock is a city in Stanislaus County, California. Its estimated 2019 population of 73,631 made it the second-largest city in Stanislaus County after Modesto. Foster Farms, Emanuel Medical Center, and Turlock Unified School District are the largest employers in Turlock. MedicAlert, a non-profit, charitable, and membership-based organization for 24/7 medical response information, has been based in Turlock since its founding in 1956. La Perla Tapatía Supermarkets is headquartered in Turlock. Stanislaus County is a county in California's San Joaquin Valley. As of the 2020 census, the population was 552,878. Stanislaus County makes up the Modesto Metropolitan Statistical Area. The county is located just east of the San Francisco Bay Area and serves as a bedroom community for those who work in the eastern part of the Bay Area. Agriculture is Stanislaus County's number one industry, with almonds being the primary agricultural product.
Caliber Collision Center | California | 6% CAP | 15 Year Lease | 2022 Renovation
Investment Highlights
- 15 Year Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Complete 2022 Interior / Exterior Renovation including New Roof with a 25 Year Roof Warranty.
- 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.
- Positioned Along Area's Major Retail, Industrial & Traffic Corridor. Features Easy Access and Excellent Visibility. In Close Proximity to Golden State Hwy (85k+ VPD).
- Minutes from California State University Stanislaus - a Public University and part of the California State University System with more than 10k Students Currently Enrolled.
- Densely Populated and Affluent Area: Features an Average Household Income of $81k+ and over 87k People Residing within a 5-Mile Radius.
- Turlock is One of the Fastest Growing Cities in all of California. The City has grown 29.2% since 2000, Based on the latest 2020 Data from the United States Census. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Directly Across from Turlock Town Center - a dd's Discounts, Smart & Final and Big 5 Anchored Community Shopping Center, offering Dining, Shopping and Services.
Auto Service - Gas-Conv
Caliber Collision Center | California | 6% CAP | 15 Year Lease | 2022 Renovation
Listing Price: $3,580,645
Investment Highlights
- 15 Year Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Complete 2022 Interior / Exterior Renovation including New Roof with a 25 Year Roof Warranty.
- 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.
- Positioned Along Area's Major Retail, Industrial & Traffic Corridor. Features Easy Access and Excellent Visibility. In Close Proximity to Golden State Hwy (85k+ VPD).
- Minutes from California State University Stanislaus - a Public University and part of the California State University System with more than 10k Students Currently Enrolled.
- Densely Populated and Affluent Area: Features an Average Household Income of $81k+ and over 87k People Residing within a 5-Mile Radius.
- Turlock is One of the Fastest Growing Cities in all of California. The City has grown 29.2% since 2000, Based on the latest 2020 Data from the United States Census. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Directly Across from Turlock Town Center - a dd's Discounts, Smart & Final and Big 5 Anchored Community Shopping Center, offering Dining, Shopping and Services.
Investment Overview
Turlock is a city in Stanislaus County, California. Its estimated 2019 population of 73,631 made it the second-largest city in Stanislaus County after Modesto. Foster Farms, Emanuel Medical Center, and Turlock Unified School District are the largest employers in Turlock. MedicAlert, a non-profit, charitable, and membership-based organization for 24/7 medical response information, has been based in Turlock since its founding in 1956. La Perla Tapatía Supermarkets is headquartered in Turlock. Stanislaus County is a county in California's San Joaquin Valley. As of the 2020 census, the population was 552,878. Stanislaus County makes up the Modesto Metropolitan Statistical Area. The county is located just east of the San Francisco Bay Area and serves as a bedroom community for those who work in the eastern part of the Bay Area. Agriculture is Stanislaus County's number one industry, with almonds being the primary agricultural product.
