Auto Parts
Caliber Collision
23309 Harbor View Rd, Punta Gorda, FL 33980
Listing Price: $2,150,000
Cap Rate
4.05%
Tenant Name
Caliber Collision
Years Remaining On Lease
3.5
Guarantor
Corporate Guarantee
Rentable SF
13,242
Lease Type
Double Net
Rent Per Square Feet
$6.58
Investment Overview
Marcus & Millichap is pleased to bring to market Caliber Collision located in Punta Gorda, FL.
Investment Highlights
- SINGLE TENANT CALIBER COLLISION LOCATION: 13,242-SF across 3 parcels totaling 1.25 acres with multiple work bays, vehicle storages pace and fully separate customer lobby/waiting area.
- DOUBLE NET LEASE: Just over 3.5 years remaining on the original NN lease. Minimal landlord responsibilities. Below market rent.
- CORPORATE GUARANTEE: Lease is guaranteed by Caliber Collision, which ranks as the nation's largest collision repair provider, with more than 1,700+ locations across 41 states.
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
- STRONG LOCATION FUNDAMENTALS: Situated along Harbor View road in a dense light industrial hub with convenient access to S Tamiami Trail and Barron Collier Bridge leading into downtown Punta Gorda. 2.5 miles from I-75 on-ramp, seeing 81,500 Vehicles Per Day (VPD).
- PROXIMITY TO RETAIL HUB: Located near multiple shopping centers and national tenants including Extra Space Storage, McDonald's, Ollie's, Beef O Bradys, Walgreens, 7 Brew, Publix, Dollar General, Bob Evans and more.
- DOWNTOWN TRAFFIC CORRIDOR: Located 0.5 miles off of S Tamiami Trail, seeing 45,500 VPD and the Barron Collier Bridge with 34,000 VPD.
- PROXIMITY TO MAJOR ATTRACTIONS: 1 miles from Hilton Sunseeker Resort and 2.5 miles from downtown Punta Gorda. | STRONG DEMOGRAPHICS: The population exceeds 106,400 within 5-miles and is projected to increase by 2030. Unemployment is 0.54% within 1-mile of the subject. Port Charlotte is part of the Sarasota metropolitan area with a population of over 833,000.
Exclusively Listed By
Financing By
Listing Price: $2,150,000
Cap Rate
4.05%
Tenant Name
Caliber Collision
Years Remaining On Lease
3.5
Guarantor
Corporate Guarantee
Rentable SF
13,242
Lease Type
Double Net
Rent Per Square Feet
$6.58
Investment Highlights
- SINGLE TENANT CALIBER COLLISION LOCATION: 13,242-SF across 3 parcels totaling 1.25 acres with multiple work bays, vehicle storages pace and fully separate customer lobby/waiting area.
- DOUBLE NET LEASE: Just over 3.5 years remaining on the original NN lease. Minimal landlord responsibilities. Below market rent.
- CORPORATE GUARANTEE: Lease is guaranteed by Caliber Collision, which ranks as the nation's largest collision repair provider, with more than 1,700+ locations across 41 states.
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
- STRONG LOCATION FUNDAMENTALS: Situated along Harbor View road in a dense light industrial hub with convenient access to S Tamiami Trail and Barron Collier Bridge leading into downtown Punta Gorda. 2.5 miles from I-75 on-ramp, seeing 81,500 Vehicles Per Day (VPD).
- PROXIMITY TO RETAIL HUB: Located near multiple shopping centers and national tenants including Extra Space Storage, McDonald's, Ollie's, Beef O Bradys, Walgreens, 7 Brew, Publix, Dollar General, Bob Evans and more.
- DOWNTOWN TRAFFIC CORRIDOR: Located 0.5 miles off of S Tamiami Trail, seeing 45,500 VPD and the Barron Collier Bridge with 34,000 VPD.
- PROXIMITY TO MAJOR ATTRACTIONS: 1 miles from Hilton Sunseeker Resort and 2.5 miles from downtown Punta Gorda. | STRONG DEMOGRAPHICS: The population exceeds 106,400 within 5-miles and is projected to increase by 2030. Unemployment is 0.54% within 1-mile of the subject. Port Charlotte is part of the Sarasota metropolitan area with a population of over 833,000.
Investment Overview
Marcus & Millichap is pleased to bring to market Caliber Collision located in Punta Gorda, FL.
Exclusively Listed By
Financing By