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Caliber Collision Center | San Francisco Bay Area | New 15 Year Lease

521 Wilbur Ave, Antioch (San Francisco Bay Area), CA 94509

Listing Price: $5,280,000

Cap Rate
5.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.5
Gross SF
22,970
Guarantor
Corporate Guarantee
Rentable SF
22,970
Price/Gross SF
$229.87
Lease Type
Double Net
Rent Per Square Feet
$11.49

Investment Overview

Antioch is the second largest city in Contra Costa County, California, located in the East Bay region of the San Francisco Bay Area along the San Joaquin–Sacramento River Delta. Antioch’s primary surface transportation link is via the freeway State Route 4, both westward a half hour’s drive to Interstate 80 and the road network of the Bay Area, or alternatively eastward to connect with Interstate 5 at the Central Valley city of Stockton, California. State Route 160 leads north from Highway 4, crossing the San Joaquin River via the Antioch Bridge and through the Delta to Sacramento. The pace of development in Antioch has spurred activity for financial and insurance institutions, contractors, and other types of service-oriented businesses. Increased development has created increased employment in schools, hospitals and other local service sectors. And with a population of over 100,000 people, Antioch has become the heart of Eastern Contra Costa County, offering a variety of employment, shopping and vast recreational activities.

Investment Highlights

  • 15 Year Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • 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 within Area's Industrial & Traffic Corridor. Features Easy Access and Excellent Visibility near a Signalized Intersection with Daily Traffic Counts Exceeding 17k Vehicles. Near CA-4 (117k+ VPD).
  • The Pace of Development in Antioch has Spurred Activity for Financial and Insurance Institutions, Contractors, and other Types of Service-Oriented Businesses.
  • Densely Populated and Affluent Area: Features an Average Household Income of $102k+ and more than 159k People Residing within a 5-Mile Radius.
  • In Close Proximity to Century Plaza - A 538k+ Sq.Ft. Shopping Center featuring more than 50 Stores and is Anchored by a Target, Burlington, Ross Dress for Less, Petsmart and many more.
  • Minutes from Somersville Towne Center - A 65+ Store Regional Shopping Mall, and the only Enclosed Regional Shopping Mall in East Costa County. Near Numerous Auto Dealerships including Ford, Chevrolet, Honda, Hyundai, Chrysler, Jeep, Dodge, Nissan, Toyota and more. Next Nearest Caliber Collision is more than 11 Miles away.

Exclusively Listed By

Auto Service - Gas-Conv

Caliber Collision Center | San Francisco Bay Area | New 15 Year Lease

Listing Price: $5,280,000

Cap Rate
5.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.5
Gross SF
22,970
Guarantor
Corporate Guarantee
Rentable SF
22,970
Price/Gross SF
$229.87
Lease Type
Double Net
Rent Per Square Feet
$11.49

Investment Highlights

  • 15 Year Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • 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 within Area's Industrial & Traffic Corridor. Features Easy Access and Excellent Visibility near a Signalized Intersection with Daily Traffic Counts Exceeding 17k Vehicles. Near CA-4 (117k+ VPD).
  • The Pace of Development in Antioch has Spurred Activity for Financial and Insurance Institutions, Contractors, and other Types of Service-Oriented Businesses.
  • Densely Populated and Affluent Area: Features an Average Household Income of $102k+ and more than 159k People Residing within a 5-Mile Radius.
  • In Close Proximity to Century Plaza - A 538k+ Sq.Ft. Shopping Center featuring more than 50 Stores and is Anchored by a Target, Burlington, Ross Dress for Less, Petsmart and many more.
  • Minutes from Somersville Towne Center - A 65+ Store Regional Shopping Mall, and the only Enclosed Regional Shopping Mall in East Costa County. Near Numerous Auto Dealerships including Ford, Chevrolet, Honda, Hyundai, Chrysler, Jeep, Dodge, Nissan, Toyota and more. Next Nearest Caliber Collision is more than 11 Miles away.

Investment Overview

Antioch is the second largest city in Contra Costa County, California, located in the East Bay region of the San Francisco Bay Area along the San Joaquin–Sacramento River Delta. Antioch’s primary surface transportation link is via the freeway State Route 4, both westward a half hour’s drive to Interstate 80 and the road network of the Bay Area, or alternatively eastward to connect with Interstate 5 at the Central Valley city of Stockton, California. State Route 160 leads north from Highway 4, crossing the San Joaquin River via the Antioch Bridge and through the Delta to Sacramento. The pace of development in Antioch has spurred activity for financial and insurance institutions, contractors, and other types of service-oriented businesses. Increased development has created increased employment in schools, hospitals and other local service sectors. And with a population of over 100,000 people, Antioch has become the heart of Eastern Contra Costa County, offering a variety of employment, shopping and vast recreational activities.

Exclusively Listed By

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