Auto Parts
Caliber Collision | Brand New 2023 Construction | Open For Business
768 Eastern Bypass, Richmond, KY 40475
Listing Price: $5,685,000
Investment Overview
This long term and stable passive investment oppurtinty offers a qualified buyer a 15 year Absolute Net lease, with zero landlord responsiblities. This property features brand new 2023 built-to-suit construction and Caliber Collision is the industry leader for automotive repair with more than 1,600 locations in 40 states.
Situated south of Lexington, KY, on the I-75 corridor, Richmond and Madison County are growing at an impressive rate. Due to its easy interstate access, proximity to Lexington, lower cost of housing, good employment base, large university, and cultural and educational opportunities, population has been steadily growing.
Eastern Kentucky University, known as EKU, has a student population of 14,465, over 10,000 of whom live on campus. EKU is known academically for its nursing, business, and forensic science programs, and socially as the biggest party school in Kentucky. The university requires 1st and 2nd year students to reside on campus, which sits just one mile from the subject site. The university is also the biggest employer in the area.
The subject site is located just to the east of the region’s Opportunity Zone, which contributes to both population and industry growth in the immediate area.
Investment Highlights
- Brand New 15-Year NNN Lease commenced April 2023, site is open and paying rent
- 2023 Construction in a desirable retail expansion area
- Regular rent increases hedge against inflation
- Less then 30 miles south of downtown Lexington, KY
- Strategically located adjacent to a Walmart Supercenter, Lowe's Home Improvement, and ALDI Supermarket
- Strong corporate guaranty from the largest auto body repair company in the U.S. backed by over 1600 locations
- Stable investment, Caliber's parent company, Wand Newco 3, Inc, recently upgraded to a Moody's rating of B2
- Located one mile from the Eastern Kentucky University campus, with a student population of over 14,000
Exclusively Listed By
Broker of Record
Financing By
Auto Parts
Caliber Collision | Brand New 2023 Construction | Open For Business
Listing Price: $5,685,000
Investment Highlights
- Brand New 15-Year NNN Lease commenced April 2023, site is open and paying rent
- 2023 Construction in a desirable retail expansion area
- Regular rent increases hedge against inflation
- Less then 30 miles south of downtown Lexington, KY
- Strategically located adjacent to a Walmart Supercenter, Lowe's Home Improvement, and ALDI Supermarket
- Strong corporate guaranty from the largest auto body repair company in the U.S. backed by over 1600 locations
- Stable investment, Caliber's parent company, Wand Newco 3, Inc, recently upgraded to a Moody's rating of B2
- Located one mile from the Eastern Kentucky University campus, with a student population of over 14,000
Investment Overview
This long term and stable passive investment oppurtinty offers a qualified buyer a 15 year Absolute Net lease, with zero landlord responsiblities. This property features brand new 2023 built-to-suit construction and Caliber Collision is the industry leader for automotive repair with more than 1,600 locations in 40 states. Situated south of Lexington, KY, on the I-75 corridor, Richmond and Madison County are growing at an impressive rate. Due to its easy interstate access, proximity to Lexington, lower cost of housing, good employment base, large university, and cultural and educational opportunities, population has been steadily growing. Eastern Kentucky University, known as EKU, has a student population of 14,465, over 10,000 of whom live on campus. EKU is known academically for its nursing, business, and forensic science programs, and socially as the biggest party school in Kentucky. The university requires 1st and 2nd year students to reside on campus, which sits just one mile from the subject site. The university is also the biggest employer in the area. The subject site is located just to the east of the region’s Opportunity Zone, which contributes to both population and industry growth in the immediate area.
Exclusively Listed By
Broker of Record
Financing By

