Auto Service - Gas-Conv
Caliber Collision (1,700+ Locations) | Early 5-Year Lease Extension
28 Kettle River Dr, Glen Carbon, IL 62034
Listing Price: $1,492,000
Investment Overview
Caliber Collision is the nation’s largest collision repair provider with 1,700+ I-CAR Gold Class Professional certified collision repair centers across 41 states. With 2022 revenues exceeding $5.7 Billion, Caliber Collision corporately guarantees this lease behind a strong private equity backing from majority owner, Hellman & Friedman ($25 Billion of total assets under management). Caliber Collision was recently upgraded by Moody’s Credit Rating to a “B2” rating and has a Standard & Poor’s “B” Rating.
Showing commitment to the site, Caliber just extended their lease early for an additional, 5-year term. Caliber had an original, 10-year lease and has one, five-year option remaining. The lease features 6.50% rental increases every five years, with the next to occur in the next option period.
The location in Glen Carbon benefits from its proximity to St. Louis, which lies less than 15 miles outside of the city. The area also boasts a very strong average household income exceeding $142k per household.
The subject property is located less than a half-mile from the Edwarsville Marketplace and Edwardsville Crossing. There is a strong presence of national retailers including: Walmart Supercenter, Target, Sam’s Club, Schnucks, Aldi, Home Depot, Lowe’s, Office Max, Kohl’s, TJ Maxx, Old Navy, Michael’s, Ashley, Goodwill, Petco, PetSmart, Walgreens, CVS, McDonald’s, Taco Bell, Panera, KFC, and more.
Investment Highlights
- Corporate Guaranty from Caliber Collision (1,700+ Locations)
- Early 5-Year Lease Extension
- Affluent St. Louis Submarket
- Strong Surrounding Retail
Exclusively Listed By
Financing By
Auto Service - Gas-Conv
Caliber Collision (1,700+ Locations) | Early 5-Year Lease Extension
Listing Price: $1,492,000
Investment Highlights
- Corporate Guaranty from Caliber Collision (1,700+ Locations)
- Early 5-Year Lease Extension
- Affluent St. Louis Submarket
- Strong Surrounding Retail
Investment Overview
Caliber Collision is the nation’s largest collision repair provider with 1,700+ I-CAR Gold Class Professional certified collision repair centers across 41 states. With 2022 revenues exceeding $5.7 Billion, Caliber Collision corporately guarantees this lease behind a strong private equity backing from majority owner, Hellman & Friedman ($25 Billion of total assets under management). Caliber Collision was recently upgraded by Moody’s Credit Rating to a “B2” rating and has a Standard & Poor’s “B” Rating. Showing commitment to the site, Caliber just extended their lease early for an additional, 5-year term. Caliber had an original, 10-year lease and has one, five-year option remaining. The lease features 6.50% rental increases every five years, with the next to occur in the next option period. The location in Glen Carbon benefits from its proximity to St. Louis, which lies less than 15 miles outside of the city. The area also boasts a very strong average household income exceeding $142k per household. The subject property is located less than a half-mile from the Edwarsville Marketplace and Edwardsville Crossing. There is a strong presence of national retailers including: Walmart Supercenter, Target, Sam’s Club, Schnucks, Aldi, Home Depot, Lowe’s, Office Max, Kohl’s, TJ Maxx, Old Navy, Michael’s, Ashley, Goodwill, Petco, PetSmart, Walgreens, CVS, McDonald’s, Taco Bell, Panera, KFC, and more.
Exclusively Listed By
Financing By

