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Auto Service - Gas-Conv

Caliber Collision | Affluent Boise Suburb | 15 Year Absolute Net Lease | 2027 Construction

1645 W Hubbard Rd, Kuna (Boise MSA), ID 83642

Listing Price: $7,460,733

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.7
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$463.40
Lease Type
Absolute Net
Rent Per Square Feet
$27.80

Investment Overview

Kuna is a growing residential and commercial corridor within Idaho’s Treasure Valley. According to U.S. Census Bureau estimates, Meridian’s population reached 142,988 in 2025, a 21.4% increase since 2020, while Kuna grew 30.8% to 31,525 residents. This expanding population creates a larger potential customer base for neighborhood retail, automotive services, and other essential businesses. Census estimates for 2020–2024 place Kuna’s median household income at $96,219, with an 82.5% homeownership rate.

Regional connectivity is anchored by Interstate 84, linking Meridian with Boise, Nampa, and the broader Treasure Valley. State Highway 69 provides a connection between Kuna and Interstate 84, supporting access to regional employment and shopping destinations. Boise Airport extends the region’s transportation network, providing air access for residents, businesses, and visitors. These established transportation routes reinforce the area’s role within the Boise metropolitan market and support travel between residential communities and commercial centers.

The regional economy benefits from substantial technology investment. Meta’s Kuna Data Center became operational in September 2026, representing more than $1.2 billion in local investment. Micron’s planned two-fab Idaho expansion is expected to create more than 17,000 jobs, providing a significant potential catalyst for regional housing demand and consumer spending. St. Luke’s Meridian Medical Center adds an established healthcare anchor and further diversifies the local employment base.

Residential communities including Paloma Ridge and Thunder Rock demonstrate continued homebuilding activity throughout the surrounding growth corridor. The retail landscape is also expanding, highlighted by Costco’s South Meridian warehouse, scheduled to open November 5, 2026. Together, population growth, new housing, major corporate investment, and expanding retail amenities position the Meridian–Kuna area as an increasingly important component of the Treasure Valley economy, with a growing potential customer base for conveniently located automotive and neighborhood services.

Investment Highlights

  • 15-Year Absolute Net Lease with Zero Landlord Responsibilities, Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Option Periods. Brand New 2027 High Quality Construction.
  • Caliber Collision is the Nation's Largest Collision Repair Provider, with More than 1,800 Convenient Locations in 41 States - and Growing - Backed by a Written, Lifetime Warranty on All Repair Work.
  • Dominant Leadership: Hellman & Friedman, a Highly Experienced Private Equity Firm Founded in 1984 with Over $25 Billion of Total Assets, Is the Majority Owner of Caliber Collision after the Merger.
  • Strategically Positioned along Hubbard Road near Linder Road, Serving Expanding Meridian–Kuna Neighborhoods with Connectivity to Meridian Road, Interstate 84, and Major Treasure Valley Employment Centers.
  • Minutes from Costco's new 200,000-Square-Foot South Meridian Warehouse, scheduled to Open November 2026 at Lake Hazel and Meridian Roads, Creating a Major Regional Shopping Destination.
  • Kuna's Population Reached 31,525 in 2025, Increasing 30.8% since 2020 and Expanding the Residential Customer Base for Automotive Services throughout the South Treasure Valley Market.
  • Micron's Planned two-fab Idaho Expansion is Expected to Create 17,000+ Jobs, Complementing Meta's Operational $1.2 Billion Kuna Data Center and Supporting Regional Housing Demand and Consumer Spending.
  • Located within Monarch Landing, a new 10-lot Commercial Development at Hubbard and Linder Roads, Positioned to Benefit from Complementary Businesses and Surrounding Residential Growth.

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s) ID: DB54599

    Idaho

Financing By

Auto Service - Gas-Conv

Caliber Collision | Affluent Boise Suburb | 15 Year Absolute Net Lease | 2027 Construction

Listing Price: $7,460,733

Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.7
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Price/Gross SF
$463.40
Lease Type
Absolute Net
Rent Per Square Feet
$27.80

Investment Highlights

  • 15-Year Absolute Net Lease with Zero Landlord Responsibilities, Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Option Periods. Brand New 2027 High Quality Construction.
  • Caliber Collision is the Nation's Largest Collision Repair Provider, with More than 1,800 Convenient Locations in 41 States - and Growing - Backed by a Written, Lifetime Warranty on All Repair Work.
  • Dominant Leadership: Hellman & Friedman, a Highly Experienced Private Equity Firm Founded in 1984 with Over $25 Billion of Total Assets, Is the Majority Owner of Caliber Collision after the Merger.
  • Strategically Positioned along Hubbard Road near Linder Road, Serving Expanding Meridian–Kuna Neighborhoods with Connectivity to Meridian Road, Interstate 84, and Major Treasure Valley Employment Centers.
  • Minutes from Costco's new 200,000-Square-Foot South Meridian Warehouse, scheduled to Open November 2026 at Lake Hazel and Meridian Roads, Creating a Major Regional Shopping Destination.
  • Kuna's Population Reached 31,525 in 2025, Increasing 30.8% since 2020 and Expanding the Residential Customer Base for Automotive Services throughout the South Treasure Valley Market.
  • Micron's Planned two-fab Idaho Expansion is Expected to Create 17,000+ Jobs, Complementing Meta's Operational $1.2 Billion Kuna Data Center and Supporting Regional Housing Demand and Consumer Spending.
  • Located within Monarch Landing, a new 10-lot Commercial Development at Hubbard and Linder Roads, Positioned to Benefit from Complementary Businesses and Surrounding Residential Growth.

Investment Overview

Kuna is a growing residential and commercial corridor within Idaho’s Treasure Valley. According to U.S. Census Bureau estimates, Meridian’s population reached 142,988 in 2025, a 21.4% increase since 2020, while Kuna grew 30.8% to 31,525 residents. This expanding population creates a larger potential customer base for neighborhood retail, automotive services, and other essential businesses. Census estimates for 2020–2024 place Kuna’s median household income at $96,219, with an 82.5% homeownership rate. Regional connectivity is anchored by Interstate 84, linking Meridian with Boise, Nampa, and the broader Treasure Valley. State Highway 69 provides a connection between Kuna and Interstate 84, supporting access to regional employment and shopping destinations. Boise Airport extends the region’s transportation network, providing air access for residents, businesses, and visitors. These established transportation routes reinforce the area’s role within the Boise metropolitan market and support travel between residential communities and commercial centers. The regional economy benefits from substantial technology investment. Meta’s Kuna Data Center became operational in September 2026, representing more than $1.2 billion in local investment. Micron’s planned two-fab Idaho expansion is expected to create more than 17,000 jobs, providing a significant potential catalyst for regional housing demand and consumer spending. St. Luke’s Meridian Medical Center adds an established healthcare anchor and further diversifies the local employment base. Residential communities including Paloma Ridge and Thunder Rock demonstrate continued homebuilding activity throughout the surrounding growth corridor. The retail landscape is also expanding, highlighted by Costco’s South Meridian warehouse, scheduled to open November 5, 2026. Together, population growth, new housing, major corporate investment, and expanding retail amenities position the Meridian–Kuna area as an increasingly important component of the Treasure Valley economy, with a growing potential customer base for conveniently located automotive and neighborhood services.

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s): ID: DB54599

    Idaho

Financing By

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