Auto Service - Gas-Conv

Caliber Collision | Orlando MSA | 15-Yr Absolute Net Lease | Qualifies for Accelerated Depreciation

400 Kane Court, Oviedo (Orlando MSA), FL 32765

Listing Price: $2,456,693

Cap Rate
6.35%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.90
Gross SF
14,409
Guarantor
Corporate Guarantee
Rentable SF
14,409
Price/Gross SF
$170.50
Lease Type
Absolute Net
Rent Per Square Feet
$10.83

Investment Overview

Oviedo is a city in Seminole County, Florida and is part of the Orlando–Kissimmee–Sanford Metropolitan Statistical Area. In recent years it has had an influx of new developments to support its rapid growth, due to its proximity to the University of Central Florida and the Central Florida Research Park. Several national publications have placed Oviedo on their nationally ranked lists as one of the best places to live in the US. Orlando–Kissimmee–Sanford Metropolitan Statistical Area is the third-largest metropolitan area in Florida, the seventh-largest in the southeastern United States, and the 22nd largest in the United States.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • This Location is an Expansion of Neighboring Caliber Collision and will be Working in Conjunction as Additional Autobody, Warehouse and Office Space, Showing Caliber's Commitment to the Location.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,100 Locations in 37 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Positioned Along Area's Major Traffic & Industrial Corridor. Features Easy Access and Good Visibility. Near FL-417 (43k+ VPD).
  • Densely Populated Affluent Area: Features an Average Household Income of $112k+ within a 3-Mile Radius and more than 137k People Residing within a 5-Mile Radius.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    License(s): FL: BK3154667

    Florida

Auto Service - Gas-Conv

Caliber Collision | Orlando MSA | 15-Yr Absolute Net Lease | Qualifies for Accelerated Depreciation

Listing Price: $2,456,693

Cap Rate
6.35%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.90
Gross SF
14,409
Guarantor
Corporate Guarantee
Rentable SF
14,409
Price/Gross SF
$170.50
Lease Type
Absolute Net
Rent Per Square Feet
$10.83

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • This Location is an Expansion of Neighboring Caliber Collision and will be Working in Conjunction as Additional Autobody, Warehouse and Office Space, Showing Caliber's Commitment to the Location.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,100 Locations in 37 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Positioned Along Area's Major Traffic & Industrial Corridor. Features Easy Access and Good Visibility. Near FL-417 (43k+ VPD).
  • Densely Populated Affluent Area: Features an Average Household Income of $112k+ within a 3-Mile Radius and more than 137k People Residing within a 5-Mile Radius.

Investment Overview

Oviedo is a city in Seminole County, Florida and is part of the Orlando–Kissimmee–Sanford Metropolitan Statistical Area. In recent years it has had an influx of new developments to support its rapid growth, due to its proximity to the University of Central Florida and the Central Florida Research Park. Several national publications have placed Oviedo on their nationally ranked lists as one of the best places to live in the US. Orlando–Kissimmee–Sanford Metropolitan Statistical Area is the third-largest metropolitan area in Florida, the seventh-largest in the southeastern United States, and the 22nd largest in the United States.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    License(s): FL: BK3154667

    Florida

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