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Auto Parts

Caliber Collision

3245 Boulevard, Colonial Heights, VA 23834

Listing Price: $3,840,650

Cap Rate
5.60%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.0
Gross SF
20,307
Guarantor
Corporate Guarantee
Rentable SF
20,307
Price/Gross SF
$189.13
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.59

Investment Overview

This 15 year passive investment opportunity lease, commenced in September 2019. The lease calls for two 5-year options with 10% rent bumps every 5-years including the option periods. This allows a landlord to stay ahead of possible inflation.

Investment Highlights

  • 15 Year Net Lease (Minimal Landlord Responsibilities)
  • 10% Rental Increases Every 5 Years
  • Minimal collision repair centers in the immediate area, cornering the auto body repair facilities in the surrounding region

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Listing Price: $3,840,650

Cap Rate
5.60%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.0
Gross SF
20,307
Guarantor
Corporate Guarantee
Rentable SF
20,307
Price/Gross SF
$189.13
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.59

Investment Highlights

  • 15 Year Net Lease (Minimal Landlord Responsibilities)
  • 10% Rental Increases Every 5 Years
  • Minimal collision repair centers in the immediate area, cornering the auto body repair facilities in the surrounding region

Investment Overview

This 15 year passive investment opportunity lease, commenced in September 2019. The lease calls for two 5-year options with 10% rent bumps every 5-years including the option periods. This allows a landlord to stay ahead of possible inflation.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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