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Brand New Construction Caliber Collision Center | Knoxville, TN | 15 Year Absolute Net Lease

3720 Mynatt Rd, Knoxville, TN 37918

Listing Price: Request For Offer

Tenant Name
Caliber Collision
Years Remaining On Lease
15.5
Gross SF
11,500
Guarantor
Corporate Guarantee
Rentable SF
11,500
Lease Type
Absolute Net

Investment Overview

Knoxville is a city in, and the county seat of, Knox County in the U.S. state of Tennessee. As of July 1, 2019, Knoxville’s population was 187,603, making it the largest city in the East Tennessee Grand Division, and the state’s overall third largest city after Nashville and Memphis. Knoxville is the principal city of the Knoxville Metropolitan Statistical Area, which had an estimated population of 869,046 in 2019. Knoxville is the home of the flagship campus of the University of Tennessee, whose sports teams, the Tennessee Volunteers, are popular in the surrounding area. The City is also home to the headquarters of the Tennessee Valley Authority, the Tennessee Supreme Court’s courthouse for East Tennessee, and the corporate headquarters of several national and regional companies. As one of the largest cities in the Appalachian region, Knoxville has positioned itself in recent years as a repository of Appalachian culture and is one of the gateways to the Great Smoky Mountains National Park. Kiplinger ranked Knoxville at #5 in its list of Best Value Cities 2011 citing “college sports, the Smoky Mountains and an entrepreneurial spirit”. In April 2008, Forbes magazine named Knoxville among the Top 10 Metropolitan Hotspots in the United States, and within Forbes’s Top 5 for Business & Careers, just behind cities like New York and Los Angeles.

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 2021 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 39 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 Industrial Corridor. Features Easy Access and Excellent Visibility at a Hard Corner with Combined Traffic Counts Exceeding 33k+ Vehicles.
  • In Close Proximity to Numerous Retailers including a Walmart Supercenter, ALDI, Walgreens, Kroger, Food City and many more. Surrounded by Auto Dealerships and Auto Service Centers.
  • Densely Populated Knoxville Suburb: Features more than 103k People Residing within a 5-Mile Radius.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Vice President / Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Auto Service - Gas-Conv

Brand New Construction Caliber Collision Center | Knoxville, TN | 15 Year Absolute Net Lease

Listing Price: Request For Offer

Tenant Name
Caliber Collision
Years Remaining On Lease
15.5
Gross SF
11,500
Guarantor
Corporate Guarantee
Rentable SF
11,500
Lease Type
Absolute Net

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 2021 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 39 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 Industrial Corridor. Features Easy Access and Excellent Visibility at a Hard Corner with Combined Traffic Counts Exceeding 33k+ Vehicles.
  • In Close Proximity to Numerous Retailers including a Walmart Supercenter, ALDI, Walgreens, Kroger, Food City and many more. Surrounded by Auto Dealerships and Auto Service Centers.
  • Densely Populated Knoxville Suburb: Features more than 103k People Residing within a 5-Mile Radius.

Investment Overview

Knoxville is a city in, and the county seat of, Knox County in the U.S. state of Tennessee. As of July 1, 2019, Knoxville’s population was 187,603, making it the largest city in the East Tennessee Grand Division, and the state’s overall third largest city after Nashville and Memphis. Knoxville is the principal city of the Knoxville Metropolitan Statistical Area, which had an estimated population of 869,046 in 2019. Knoxville is the home of the flagship campus of the University of Tennessee, whose sports teams, the Tennessee Volunteers, are popular in the surrounding area. The City is also home to the headquarters of the Tennessee Valley Authority, the Tennessee Supreme Court’s courthouse for East Tennessee, and the corporate headquarters of several national and regional companies. As one of the largest cities in the Appalachian region, Knoxville has positioned itself in recent years as a repository of Appalachian culture and is one of the gateways to the Great Smoky Mountains National Park. Kiplinger ranked Knoxville at #5 in its list of Best Value Cities 2011 citing “college sports, the Smoky Mountains and an entrepreneurial spirit”. In April 2008, Forbes magazine named Knoxville among the Top 10 Metropolitan Hotspots in the United States, and within Forbes’s Top 5 for Business & Careers, just behind cities like New York and Los Angeles.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Vice President / Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

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