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Auto Service - Gas-Conv

Caliber Collision Center | Kansas City MSA | Long Term Absolute Net Lease | Recent Renovation

1400 SW Market St, Lee's Summit (Kansas City MSA), MO 64081

Listing Price: $2,629,981

Cap Rate
5.15%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.5
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$328.75
Lease Type
Absolute Net
Rent Per Square Feet
$16.93

Investment Overview

Lee’s Summit is a city located within the counties of Jackson (primarily) and Cass in the U.S. state of Missouri. As of the 2020 census its population was 101,108, making it the sixth-largest city in both the state and in the Kansas City Metropolitan Area. The Kansas City metropolitan area is a bi-state metropolitan area anchored by Kansas City, Missouri. Its 14 counties straddle the border between the U.S. states of Missouri (9 counties) and Kansas (5 counties). With 8,472 square miles and a population of more than 2.2 million people, it is the second-largest metropolitan area centered in Missouri (after Greater St. Louis) and is the largest metropolitan area in Kansas, though Wichita is the largest metropolitan area centered in Kansas.Alongside Kansas City, Missouri, these are the suburbs with populations above 100,000: Overland Park, Kansas; Kansas City, Kansas; Olathe, Kansas; Independence, Missouri; and Lee’s Summit, Missouri.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2021 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Surrounded by Industrial, Light Manufacturing Plants & Centers. Features Easy Access and Excellent Visibility. Immediate Access to/from Rte-291 (35k+ VPD) and near US-Highway 50 (72k+ VPD).
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Chevrolet, Nissan, Mazda, Dodge, Chrysler, Jeep and more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $109k and over 94k People Residing within a 5-Mile Radius.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

Auto Service - Gas-Conv

Caliber Collision Center | Kansas City MSA | Long Term Absolute Net Lease | Recent Renovation

Listing Price: $2,629,981

Cap Rate
5.15%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.5
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$328.75
Lease Type
Absolute Net
Rent Per Square Feet
$16.93

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2021 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Surrounded by Industrial, Light Manufacturing Plants & Centers. Features Easy Access and Excellent Visibility. Immediate Access to/from Rte-291 (35k+ VPD) and near US-Highway 50 (72k+ VPD).
  • In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Chevrolet, Nissan, Mazda, Dodge, Chrysler, Jeep and more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $109k and over 94k People Residing within a 5-Mile Radius.

Investment Overview

Lee’s Summit is a city located within the counties of Jackson (primarily) and Cass in the U.S. state of Missouri. As of the 2020 census its population was 101,108, making it the sixth-largest city in both the state and in the Kansas City Metropolitan Area. The Kansas City metropolitan area is a bi-state metropolitan area anchored by Kansas City, Missouri. Its 14 counties straddle the border between the U.S. states of Missouri (9 counties) and Kansas (5 counties). With 8,472 square miles and a population of more than 2.2 million people, it is the second-largest metropolitan area centered in Missouri (after Greater St. Louis) and is the largest metropolitan area in Kansas, though Wichita is the largest metropolitan area centered in Kansas.Alongside Kansas City, Missouri, these are the suburbs with populations above 100,000: Overland Park, Kansas; Kansas City, Kansas; Olathe, Kansas; Independence, Missouri; and Lee’s Summit, Missouri.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Financing By

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