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Auto Service - Gas-Conv

Caliber Collision | Utah | 15 Year Absolute Net Lease | Qualifies for Accelerated Depreciation

3110 US-91, Hyde Park, UT 84721

Listing Price: $4,515,375

Cap Rate
6.40%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.1
Gross SF
15,092
Guarantor
Corporate Guarantee
Rentable SF
15,092
Price/Gross SF
$299.19
Lease Type
Absolute Net
Rent Per Square Feet
$19.15

Investment Overview

Hyde Park is a city in north-central Cache County, Utah and is included in the Logan, Utah-Idaho Metropolitan Statistical Area. The Logan Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties – one in Utah and one in Idaho, anchored by the city of Logan. As of the 2010 census, the MSA had a population of 125,442 (the Census Bureau estimate for July 1, 2014 placed the population at 131,364). As of the 2020 Census, the population had risen to 147,908, and further expanded to an estimated 155,362 as of 2022. The Logan metropolitan area is colloquially called Cache Valley, where most of the population resides.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • 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.
  • Near Numerous Established Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
  • Positioned Along Area's Major Traffic and Industrial Corridor. Features Easy Access and Excellent Visibility near a Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 36k Vehicles.
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Hyundai, Chrysler, Volkswagen, Dodge, Jeep, Honda, Chevrolet, Toyota and many more.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) UT: 6250302-PB00

    Utah

Financing By

Auto Service - Gas-Conv

Caliber Collision | Utah | 15 Year Absolute Net Lease | Qualifies for Accelerated Depreciation

Listing Price: $4,515,375

Cap Rate
6.40%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.1
Gross SF
15,092
Guarantor
Corporate Guarantee
Rentable SF
15,092
Price/Gross SF
$299.19
Lease Type
Absolute Net
Rent Per Square Feet
$19.15

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • 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.
  • Near Numerous Established Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
  • Positioned Along Area's Major Traffic and Industrial Corridor. Features Easy Access and Excellent Visibility near a Signalized Intersection w/ Daily Combined Traffic Counts Exceeding 36k Vehicles.
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Hyundai, Chrysler, Volkswagen, Dodge, Jeep, Honda, Chevrolet, Toyota and many more.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Hyde Park is a city in north-central Cache County, Utah and is included in the Logan, Utah-Idaho Metropolitan Statistical Area. The Logan Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties – one in Utah and one in Idaho, anchored by the city of Logan. As of the 2010 census, the MSA had a population of 125,442 (the Census Bureau estimate for July 1, 2014 placed the population at 131,364). As of the 2020 Census, the population had risen to 147,908, and further expanded to an estimated 155,362 as of 2022. The Logan metropolitan area is colloquially called Cache Valley, where most of the population resides.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): UT: 6250302-PB00

    Utah

Financing By

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