Auto Service - Gas-Conv

Caliber Collision | Indianapolis | Qualifies for Accelerated Depreciation

Listing Price: $3,543,369

Cap Rate
6.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.20
Gross SF
20,000
Guarantor
Corporate Guarantee
Rentable SF
20,000
Price/Gross SF
$177.17
Lease Type
Absolute Net
Rent Per Square Feet
$11.52

Investment Overview

Indianapolis, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. The Indianapolis metropolitan area is the 34th most populous metropolitan statistical area in the U.S., with 2,048,703 residents. The Fortune 500 companies of Anthem, Eli Lilly and Company, and Simon Property Group are headquartered in Indianapolis. The city has hosted many international multi-sport events, but is perhaps best known for annually hosting the world’s largest single-day sporting event, the Indianapolis 500. Indianapolis is home to two major league sports clubs, the Indiana Pacers and the Indianapolis Colts.According to the Bureau of Labor Statistics, the region’s unemployment rate was 2.8 percent in May 2019.

Investment Highlights

  • Densely Populated Area: Features more than 225k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Traffic & Industrial Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 22k Vehicles. Just off I-65 (88K+ VPD).
  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2020 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,100 Locations in 37 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Walking Distance to Numerous Auto Dealerships Including Chevrolet, Kia, Mazda, Mitsubishi, Hyundai, Nissan and more. Located Across an Auto Auction Dealership.

Exclusively Listed By

Auto Service - Gas-Conv

Caliber Collision | Indianapolis | Qualifies for Accelerated Depreciation

Listing Price: $3,543,369

Cap Rate
6.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.20
Gross SF
20,000
Guarantor
Corporate Guarantee
Rentable SF
20,000
Price/Gross SF
$177.17
Lease Type
Absolute Net
Rent Per Square Feet
$11.52

Investment Highlights

  • Densely Populated Area: Features more than 225k People Residing within a 5-Mile Radius.
  • Positioned Along Area's Major Traffic & Industrial Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 22k Vehicles. Just off I-65 (88K+ VPD).
  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2020 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,100 Locations in 37 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Walking Distance to Numerous Auto Dealerships Including Chevrolet, Kia, Mazda, Mitsubishi, Hyundai, Nissan and more. Located Across an Auto Auction Dealership.

Investment Overview

Indianapolis, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. The Indianapolis metropolitan area is the 34th most populous metropolitan statistical area in the U.S., with 2,048,703 residents. The Fortune 500 companies of Anthem, Eli Lilly and Company, and Simon Property Group are headquartered in Indianapolis. The city has hosted many international multi-sport events, but is perhaps best known for annually hosting the world’s largest single-day sporting event, the Indianapolis 500. Indianapolis is home to two major league sports clubs, the Indiana Pacers and the Indianapolis Colts.According to the Bureau of Labor Statistics, the region’s unemployment rate was 2.8 percent in May 2019.

Exclusively Listed By

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