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Auto Parts

Caliber Collision | Brand New 2023 Construction | Phoenix, AZ

10505 W Roosevelt Pkwy, Avondale, AZ 85323

Listing Price: $6,054,180

Cap Rate
5.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net
Rent Per Square Feet
$20.68

Investment Overview

This opportunity provides a qualified buyer with a long term passive investment, featuring brand new built-to-suit construction. Caliber Collision is expecting a Q2 2023 lease start, offering 15 years on a true NNN lease, with zero landlord responsibilities. The lease also calls for two 5-year renewal options and 10% rent bumps every 5-years, to hedge against inflation. The site is strategically located just 12 miles west of Downtown Phoenix in a highly desirable and densely populated southwest market. Caliber Collision is the industry leader for automotive repair in the U.S. with 1,500 locations across 40 states.

Investment Highlights

  • Brand New 15-Year NNN lease, Corporate Guarantee from the industry leading auto body repair provider, with over 1,500 locations
  • Ideal passive investment opportunity, zero landlord responsibilities to commence in Q2 2023
  • Brand new 2023 construction
  • Regular rent increases hedge against inflation
  • Easy access to major highways, one block from I-10
  • Strategically located just 12 miles west of Downtown Phoenix, with over 268,000 residents within 5 miles
  • Excellent Visibility - Directly Adjacent to the Avondale Auto Mall and less than one mile from a Costco anchored shopping center

Exclusively Listed By

Broker of Record

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s) AZ: SA659077000

    Arizona

Financing By

Auto Parts

Caliber Collision | Brand New 2023 Construction | Phoenix, AZ

Listing Price: $6,054,180

Cap Rate
5.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net
Rent Per Square Feet
$20.68

Investment Highlights

  • Brand New 15-Year NNN lease, Corporate Guarantee from the industry leading auto body repair provider, with over 1,500 locations
  • Ideal passive investment opportunity, zero landlord responsibilities to commence in Q2 2023
  • Brand new 2023 construction
  • Regular rent increases hedge against inflation
  • Easy access to major highways, one block from I-10
  • Strategically located just 12 miles west of Downtown Phoenix, with over 268,000 residents within 5 miles
  • Excellent Visibility - Directly Adjacent to the Avondale Auto Mall and less than one mile from a Costco anchored shopping center

Investment Overview

This opportunity provides a qualified buyer with a long term passive investment, featuring brand new built-to-suit construction. Caliber Collision is expecting a Q2 2023 lease start, offering 15 years on a true NNN lease, with zero landlord responsibilities. The lease also calls for two 5-year renewal options and 10% rent bumps every 5-years, to hedge against inflation. The site is strategically located just 12 miles west of Downtown Phoenix in a highly desirable and densely populated southwest market. Caliber Collision is the industry leader for automotive repair in the U.S. with 1,500 locations across 40 states.

Exclusively Listed By

Broker of Record

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s): AZ: SA659077000

    Arizona

Financing By

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