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Caliber Collision Center | Akron MSA | 15 Year Absolute Net Lease | Brand New 2025 Construction

4095 State Road, Cuyahoga Falls (Akron MSA), OH 44223

Listing Price: $5,029,152

Cap Rate
6.60%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.5
Gross SF
12,300
Guarantor
Corporate Guarantee
Rentable SF
12,300
Price/Gross SF
$408.87
Lease Type
Absolute Net
Rent Per Square Feet
$26.99

Investment Overview

Cuyahoga Falls is a city in Summit County, Ohio. As of the 2020 census, the city population was 51,114. The second-largest city in Summit County, it is located directly north of Akron and is a suburb of the Akron metropolitan area. The Akron, OH Metropolitan Statistical Area, sometimes referred to as Greater Akron, is defined by the United States Office of Management and Budget as an area consisting of two counties, Summit and Portage, in Northeast Ohio and anchored by the city of Akron. As of the 2020 census, the MSA had a population of 702,219. The Akron MSA is also part of the larger Cleveland–Akron–Canton, OH Combined Statistical Area, which has a population of 3,633,962 people as of the 2020 census, the largest metropolitan area in Ohio. Historically, Greater Akron was known as the center of the United States’ tire and rubber industry throughout the 20th century, and today one major tire company (Goodyear Tire and Rubber) still is based there. More recently, the area has become a center of polymer science research and manufacturing for the country, and is home to five Fortune 1000 corporations.

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 2025 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.
  • Densely Populated & Affluent Area: Features an Average Household Income of more than $108k within a 1-Mile Radius and more than 109k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Industrial and Traffic Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 12k Vehicles.
  • Minutes from Numerous National Retailers including Walmart Supercenter, Lowe's Home Improvement, Menrads, Marc's Stores, Market District Supermarket and many more.
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Jeep, Mazda, Audi, Subaru, Ford and many more.
  • 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 Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Auto Service - Gas-Conv

Caliber Collision Center | Akron MSA | 15 Year Absolute Net Lease | Brand New 2025 Construction

Listing Price: $5,029,152

Cap Rate
6.60%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.5
Gross SF
12,300
Guarantor
Corporate Guarantee
Rentable SF
12,300
Price/Gross SF
$408.87
Lease Type
Absolute Net
Rent Per Square Feet
$26.99

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 2025 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.
  • Densely Populated & Affluent Area: Features an Average Household Income of more than $108k within a 1-Mile Radius and more than 109k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Industrial and Traffic Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 12k Vehicles.
  • Minutes from Numerous National Retailers including Walmart Supercenter, Lowe's Home Improvement, Menrads, Marc's Stores, Market District Supermarket and many more.
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Jeep, Mazda, Audi, Subaru, Ford and many more.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Cuyahoga Falls is a city in Summit County, Ohio. As of the 2020 census, the city population was 51,114. The second-largest city in Summit County, it is located directly north of Akron and is a suburb of the Akron metropolitan area. The Akron, OH Metropolitan Statistical Area, sometimes referred to as Greater Akron, is defined by the United States Office of Management and Budget as an area consisting of two counties, Summit and Portage, in Northeast Ohio and anchored by the city of Akron. As of the 2020 census, the MSA had a population of 702,219. The Akron MSA is also part of the larger Cleveland–Akron–Canton, OH Combined Statistical Area, which has a population of 3,633,962 people as of the 2020 census, the largest metropolitan area in Ohio. Historically, Greater Akron was known as the center of the United States’ tire and rubber industry throughout the 20th century, and today one major tire company (Goodyear Tire and Rubber) still is based there. More recently, the area has become a center of polymer science research and manufacturing for the country, and is home to five Fortune 1000 corporations.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

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

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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