Auto Parts
Caliber Collision | Brand New 15 Year Absolute Net Lease
701 Atlas Ave, Madison, WI 53714
Listing Price: $4,586,630
Investment Overview
This opportunity provides a qualified buyer with a long term and stable passive investment, featuring two 5-year renewal options and 10% rent bumps every 5-years, to hedge against inflation. Caliber Collision is expecting a January 2024 lease start, offering 15 years on an absolute net lease, with zero landlord responsibilities.
Madison is the state’s capital city and comprises more than 60 percent of the metro’s population, with 281,000 citizens. The largest public university in the state is also located in the city of Madison, providing local employers with a stream of young and educated personnel. Metrowide, the population is expected to grow by 37,000 people in the next five years.
Caliber Collision | Brand New 15 Year Absolute Net Lease
Investment Highlights
- Brand new 15 year absolute net lease, zero landlord obligations
- Regular 10% rent increases every 5 years hedge against inflation
- 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
- E-commerce and recession resistant industry, as long as there are cars on the road, there will be a need for body work
- Well located just 15 minutes from Downtown Madison, within a busy industrial trade area
- Strong demographics, with 155k+ residents with an average income of over $80k within a 5 mile radius
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Auto Parts
Caliber Collision | Brand New 15 Year Absolute Net Lease
Listing Price: $4,586,630
Investment Highlights
- Brand new 15 year absolute net lease, zero landlord obligations
- Regular 10% rent increases every 5 years hedge against inflation
- 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
- E-commerce and recession resistant industry, as long as there are cars on the road, there will be a need for body work
- Well located just 15 minutes from Downtown Madison, within a busy industrial trade area
- Strong demographics, with 155k+ residents with an average income of over $80k within a 5 mile radius
Investment Overview
This opportunity provides a qualified buyer with a long term and stable passive investment, featuring two 5-year renewal options and 10% rent bumps every 5-years, to hedge against inflation. Caliber Collision is expecting a January 2024 lease start, offering 15 years on an absolute net lease, with zero landlord responsibilities. Madison is the state’s capital city and comprises more than 60 percent of the metro’s population, with 281,000 citizens. The largest public university in the state is also located in the city of Madison, providing local employers with a stream of young and educated personnel. Metrowide, the population is expected to grow by 37,000 people in the next five years.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
