Auto Service - Gas-Conv

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

2222 W Kenosha St, Broken Arrow (Tulsa MSA), OK 74012

Listing Price: $4,389,658

Cap Rate
5.85%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.20
Gross SF
16,184
Guarantor
Corporate Guarantee
Rentable SF
16,184
Price/Gross SF
$271.23
Lease Type
Absolute Net
Rent Per Square Feet
$15.87

Investment Overview

Broken Arrow is a city located in the northeastern part of the U.S. state of Oklahoma, primarily in Tulsa County, with a portion in western Wagoner County. It is the largest suburb of Tulsa. The city is part of the Tulsa Metropolitan Area, which has a population of 961,561 residents. Although Broken Arrow was originally an agricultural community, its current economy is diverse. The city has the third-largest concentration of manufacturers in the state. Tulsa County is the second-most populous county in Oklahoma, behind only Oklahoma County. Its county seat and largest city is Tulsa, the second-largest city in the state. The County also ranks as having the highest income.

Investment Highlights

  • 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 $87k+ within a 3-Mile Radius and more than 190k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Traffic & Industrial Corridor. Features Easy Access and Visibility w/ Daily Traffic Counts Exceeding 21k Vehicles.
  • The Site is Located within Tulsa's Industrial Hub - Surrounded by many Light Industrial, Manufacturing Plants and Distribution Centers.
  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2021 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,100 Locations in 37 States.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    License(s): OK: 181981

    Oklahoma

Auto Service - Gas-Conv

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

Listing Price: $4,389,658

Cap Rate
5.85%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.20
Gross SF
16,184
Guarantor
Corporate Guarantee
Rentable SF
16,184
Price/Gross SF
$271.23
Lease Type
Absolute Net
Rent Per Square Feet
$15.87

Investment Highlights

  • 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 $87k+ within a 3-Mile Radius and more than 190k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Traffic & Industrial Corridor. Features Easy Access and Visibility w/ Daily Traffic Counts Exceeding 21k Vehicles.
  • The Site is Located within Tulsa's Industrial Hub - Surrounded by many Light Industrial, Manufacturing Plants and Distribution Centers.
  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2021 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,100 Locations in 37 States.

Investment Overview

Broken Arrow is a city located in the northeastern part of the U.S. state of Oklahoma, primarily in Tulsa County, with a portion in western Wagoner County. It is the largest suburb of Tulsa. The city is part of the Tulsa Metropolitan Area, which has a population of 961,561 residents. Although Broken Arrow was originally an agricultural community, its current economy is diverse. The city has the third-largest concentration of manufacturers in the state. Tulsa County is the second-most populous county in Oklahoma, behind only Oklahoma County. Its county seat and largest city is Tulsa, the second-largest city in the state. The County also ranks as having the highest income.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    License(s): OK: 181981

    Oklahoma

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