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Auto Service - Gas-Conv

Caliber Collision | Idaho | 15 Yr Absolute Net Lease | 2023 Construction | Accelerated Depreciation

145 Briscoe Rd, Pocatello, ID 83202

Listing Price: $5,479,675

Cap Rate
6.15%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$340.35
Lease Type
Absolute Net
Rent Per Square Feet
$20.93

Investment Overview

Pocatello is the county seat and largest city of Bannock County, with a small portion on the Fort Hall Indian Reservation in neighboring Power County, in the southeastern part of the U.S. state of Idaho. It is the principal city of the Pocatello metropolitan area, which encompasses all of Bannock County. As of the 2020 census, the population of Pocatello was 56,326. Pocatello is the sixth-largest city in the state, just behind Caldwell. In 2007, Pocatello was ranked twentieth on Forbes’ list of Best Small Places for Business and Careers. Pocatello is the home of Idaho State University and the manufacturing facility of ON Semiconductor. The city is at an elevation of 4,462 feet above sea level and is served by the Pocatello Regional Airport. Bannock County is a county in the southeastern part of Idaho. As of the 2020 Census, the population was 87,018, making it the sixth-most populous county in Idaho. The county seat and largest city is Pocatello. The county was established in 1893 and named after the local Bannock tribe. It is one of the counties with territories included in the Fort Hall Indian Reservation of the federally recognized Shoshone-Bannock Tribes.

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 is the Nation's Largest Collision Repair provider, with more than 1,600 Convenient Locations in 40 States - and Growing.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Near Numerous National Retailers including Walmart Supercenter, Lowe's, The Home Depot, Costco, T.J. Maxx, Ross Dress for Less, Dick's Sporting Goods, Petco and many more.
  • Positioned Along Area's Major Retail & Traffic Corridor. Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 17k Vehicles. Minutes from I-15 (34k+ VPD) and I-86 (24k+ VPD).
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction
  • In Close Proximity to Idaho State University - a public research institution known for its comprehensive academic offerings, particularly in healthcare and the sciences (12k+ Students). Minutes from Pine Ridge Mall - a 646k+ Sq.Ft. Shopping Center Anchored by C-A-L Ranch Stores, Gem Prep, Hobby Lobby, JCPenney, and Planet Fitness - features more than 40 Stores.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) ID: DB54599

    Idaho

Financing By

Auto Service - Gas-Conv

Caliber Collision | Idaho | 15 Yr Absolute Net Lease | 2023 Construction | Accelerated Depreciation

Listing Price: $5,479,675

Cap Rate
6.15%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$340.35
Lease Type
Absolute Net
Rent Per Square Feet
$20.93

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 is the Nation's Largest Collision Repair provider, with more than 1,600 Convenient Locations in 40 States - and Growing.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Near Numerous National Retailers including Walmart Supercenter, Lowe's, The Home Depot, Costco, T.J. Maxx, Ross Dress for Less, Dick's Sporting Goods, Petco and many more.
  • Positioned Along Area's Major Retail & Traffic Corridor. Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 17k Vehicles. Minutes from I-15 (34k+ VPD) and I-86 (24k+ VPD).
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail, Medical & Housing Developments Under Construction
  • In Close Proximity to Idaho State University - a public research institution known for its comprehensive academic offerings, particularly in healthcare and the sciences (12k+ Students). Minutes from Pine Ridge Mall - a 646k+ Sq.Ft. Shopping Center Anchored by C-A-L Ranch Stores, Gem Prep, Hobby Lobby, JCPenney, and Planet Fitness - features more than 40 Stores.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Pocatello is the county seat and largest city of Bannock County, with a small portion on the Fort Hall Indian Reservation in neighboring Power County, in the southeastern part of the U.S. state of Idaho. It is the principal city of the Pocatello metropolitan area, which encompasses all of Bannock County. As of the 2020 census, the population of Pocatello was 56,326. Pocatello is the sixth-largest city in the state, just behind Caldwell. In 2007, Pocatello was ranked twentieth on Forbes’ list of Best Small Places for Business and Careers. Pocatello is the home of Idaho State University and the manufacturing facility of ON Semiconductor. The city is at an elevation of 4,462 feet above sea level and is served by the Pocatello Regional Airport. Bannock County is a county in the southeastern part of Idaho. As of the 2020 Census, the population was 87,018, making it the sixth-most populous county in Idaho. The county seat and largest city is Pocatello. The county was established in 1893 and named after the local Bannock tribe. It is one of the counties with territories included in the Fort Hall Indian Reservation of the federally recognized Shoshone-Bannock Tribes.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): ID: DB54599

    Idaho

Financing By

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