Skip to main content

Auto Service - Gas-Conv

Caliber Collision | Montgomery MSA | 15 Year Absolute Net Lease | Brand New 2023 Construction

1784 E Main Street, Prattville (Montgomery MSA), AL 36066

Listing Price: $4,897,638

Cap Rate
6.35%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.0
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$304.20
Lease Type
Absolute Net
Rent Per Square Feet
$19.32

Investment Overview

The City of Prattville, AL is a charming New England-style village nestled in the heart of the Deep South. Prattville got its name from Danial Pratt, founder and great industrialist. Called the “Fountain City” because of the abundance of artesian wells that once flowed through the town, Prattville boasts a wide variety of natural and recreational attractions, including golfing, canoeing, hiking, fishing and other means of entertainment. Prattville has numerous cultural and retail attractions, antique and specialty stores, and dining establishments. Proud of its past and enjoying its present, Prattville is looking ahead to even better times to come. The city is home to the Robert Trent Jones Golf Trail is a visually stunning collection of masterpiece courses, carved out of the hills, valleys, and marshes of Alabama, which is their flagship location with a total of 468 holes on 26 courses. Prattville is one of the fastest growing areas in Alabama. The city maintains a quaint charm, and its close-knit, small-town atmosphere belies the many metropolitan opportunities and modern amenities it affords.

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 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,600 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 & Traffic Corridor. Features Easy Access and Excellent Visibility w/ Daily Traffic Counts Exceeding 24k VPD. Near Interstate-65 (70k+ VPD).
  • Minutes from Prattville Town Center - a 430k+ Sq.Ft. Power Center anchored by Target, Home Depot, TJ Maxx, PetSmart, Ross Dress for Less and Numerous other Retailers and Restaurants.
  • Prattville has Experienced Explosive Retail, Office, Industrial and Population Growth over the Last Decade - 20% Population Growth since 2000. Near Numerous National Retailers including Walmart Supercenter, CVS, Big Lots, Lowe's, Publix, Kohl's, Hobby Lobby, Michaels, Harbor Freight, Academy Sports and more.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • Minutes away from Capitol Hill Golf Club, Part of the Robert Trent Jones Golf Trail - Named Among the Top 50 Courses in America.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Auto Service - Gas-Conv

Caliber Collision | Montgomery MSA | 15 Year Absolute Net Lease | Brand New 2023 Construction

Listing Price: $4,897,638

Cap Rate
6.35%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.0
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$304.20
Lease Type
Absolute Net
Rent Per Square Feet
$19.32

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 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,600 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 & Traffic Corridor. Features Easy Access and Excellent Visibility w/ Daily Traffic Counts Exceeding 24k VPD. Near Interstate-65 (70k+ VPD).
  • Minutes from Prattville Town Center - a 430k+ Sq.Ft. Power Center anchored by Target, Home Depot, TJ Maxx, PetSmart, Ross Dress for Less and Numerous other Retailers and Restaurants.
  • Prattville has Experienced Explosive Retail, Office, Industrial and Population Growth over the Last Decade - 20% Population Growth since 2000. Near Numerous National Retailers including Walmart Supercenter, CVS, Big Lots, Lowe's, Publix, Kohl's, Hobby Lobby, Michaels, Harbor Freight, Academy Sports and more.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • Minutes away from Capitol Hill Golf Club, Part of the Robert Trent Jones Golf Trail - Named Among the Top 50 Courses in America.

Investment Overview

The City of Prattville, AL is a charming New England-style village nestled in the heart of the Deep South. Prattville got its name from Danial Pratt, founder and great industrialist. Called the “Fountain City” because of the abundance of artesian wells that once flowed through the town, Prattville boasts a wide variety of natural and recreational attractions, including golfing, canoeing, hiking, fishing and other means of entertainment. Prattville has numerous cultural and retail attractions, antique and specialty stores, and dining establishments. Proud of its past and enjoying its present, Prattville is looking ahead to even better times to come. The city is home to the Robert Trent Jones Golf Trail is a visually stunning collection of masterpiece courses, carved out of the hills, valleys, and marshes of Alabama, which is their flagship location with a total of 468 holes on 26 courses. Prattville is one of the fastest growing areas in Alabama. The city maintains a quaint charm, and its close-knit, small-town atmosphere belies the many metropolitan opportunities and modern amenities it affords.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

MM Texture Background
MM Textured Background Lower