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Auto Service - Gas-Conv

Brand New Construction Caliber Collision | 15 Year Absolute Net Lease | Accelerated Depreciation

1545 W Republic Road, Springfield, MO 65807

Listing Price: $5,406,316

Cap Rate
6.65%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.0
Gross SF
16,345
Guarantor
Corporate Guarantee
Rentable SF
16,345
Price/Gross SF
$330.76
Lease Type
Absolute Net
Rent Per Square Feet
$22.00

Investment Overview

Springfield is the third largest city in the U.S. state of Missouri and the county seat of Greene County. The city’s population was 169,176 at the 2020 census. It is the principal city of the Springfield metropolitan area, which had an estimated population of 481,483 in 2021 and includes the counties of Christian, Dallas, Greene, Polk, and Webster, and is the second-fastest growing metropolitan area in the state of Missouri. Springfield’s nickname is “Queen City of the Ozarks” as well as “The 417” after the area code for the city. It is also known as the “Birthplace of Route 66”. It is home to several universities and colleges, including Missouri State University, Drury University, and Evangel University. The city is an important center of education and medical care, with two of the largest hospitals in the area, CoxHealth and Mercy, employing over 20,000 people combined, and being the largest employers in the region. It has been called the “Buckle of the Bible Belt” due to its association with evangelical Christianity. The city and surrounding area have been growing more diverse over the decades. Between the 2010 and 2020 censuses, the population of Greene County grew by over 23,700 people, largely as a result of immigration.

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 2024 High Quality Construction.
  • Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,700 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.
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Honda, Nissan, Kia, Infinity, GMC, Cadillac, Chevrolet and many more.
  • Densely Populated Area: Features more than 148k People Residing within a 5-Mile Radius. Strong Daytime Employment Area - Large Base of Employees within Walking Distance or a Short Drive.
  • Near Cox Medical Center South - the Largest Facility and Main Campus Operated by CoxHealth. The Full-Service Hospital and Medical Center features more than 563 Beds.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility along W. Republic Rd w/ Traffic Counts Exceeding 24k VPD. Immediate Access to Hwy-60 (45k+ VPD).
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Auto Service - Gas-Conv

Brand New Construction Caliber Collision | 15 Year Absolute Net Lease | Accelerated Depreciation

Listing Price: $5,406,316

Cap Rate
6.65%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.0
Gross SF
16,345
Guarantor
Corporate Guarantee
Rentable SF
16,345
Price/Gross SF
$330.76
Lease Type
Absolute Net
Rent Per Square Feet
$22.00

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 2024 High Quality Construction.
  • Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,700 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.
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Honda, Nissan, Kia, Infinity, GMC, Cadillac, Chevrolet and many more.
  • Densely Populated Area: Features more than 148k People Residing within a 5-Mile Radius. Strong Daytime Employment Area - Large Base of Employees within Walking Distance or a Short Drive.
  • Near Cox Medical Center South - the Largest Facility and Main Campus Operated by CoxHealth. The Full-Service Hospital and Medical Center features more than 563 Beds.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility along W. Republic Rd w/ Traffic Counts Exceeding 24k VPD. Immediate Access to Hwy-60 (45k+ VPD).
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Springfield is the third largest city in the U.S. state of Missouri and the county seat of Greene County. The city’s population was 169,176 at the 2020 census. It is the principal city of the Springfield metropolitan area, which had an estimated population of 481,483 in 2021 and includes the counties of Christian, Dallas, Greene, Polk, and Webster, and is the second-fastest growing metropolitan area in the state of Missouri. Springfield’s nickname is “Queen City of the Ozarks” as well as “The 417” after the area code for the city. It is also known as the “Birthplace of Route 66”. It is home to several universities and colleges, including Missouri State University, Drury University, and Evangel University. The city is an important center of education and medical care, with two of the largest hospitals in the area, CoxHealth and Mercy, employing over 20,000 people combined, and being the largest employers in the region. It has been called the “Buckle of the Bible Belt” due to its association with evangelical Christianity. The city and surrounding area have been growing more diverse over the decades. Between the 2010 and 2020 censuses, the population of Greene County grew by over 23,700 people, largely as a result of immigration.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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