Skip to main content

Auto Parts

Caliber Collision

12415 Kaine Pl, Waldorf, MD 20601

Listing Price: $2,694,300

Cap Rate
5.35%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.9
Gross SF
6,671
Guarantor
Corporate Guarantee
Rentable SF
6,671
Price/Gross SF
$403.88
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.61

Investment Overview

This brand new 15 year passive investment opportunity is available. 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. The site has historical auto collision repair having been an operating auto body shop for years prior to caliber placing a new lease on the site under the Caliber flag.

Investment Highlights

  • New 15 year NNN lease to commence October 2021
  • New roof with warranty installed 2021
  • Regular 10% rent escalations hedge against inflation
  • Historical auto body presence with new Caliber lease

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s) MD: 5005538

    Maryland

Financing By

Auto Parts

Caliber Collision

Listing Price: $2,694,300

Cap Rate
5.35%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.9
Gross SF
6,671
Guarantor
Corporate Guarantee
Rentable SF
6,671
Price/Gross SF
$403.88
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.61

Investment Highlights

  • New 15 year NNN lease to commence October 2021
  • New roof with warranty installed 2021
  • Regular 10% rent escalations hedge against inflation
  • Historical auto body presence with new Caliber lease

Investment Overview

This brand new 15 year passive investment opportunity is available. 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. The site has historical auto collision repair having been an operating auto body shop for years prior to caliber placing a new lease on the site under the Caliber flag.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s): MD: 5005538

    Maryland

Financing By

MM Texture Background
MM Textured Background Lower