Cap Rate
5.37%
Gross SQFT
12,000
Term Remaining
±5 YRS
NOI
$80,606
Property Type
Retail
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- Market Leader: America’s largest collision repair company with 1,800+ locations in over 40 states, employing 25,000 people.
- Resilient Investment: Nearly $7 billion in revenue in 2023, demonstrating robust financial performance.
- Corporate Guarantee: Lease guaranteed by Corporate CH Hold Corp.
- Strategic Location: Conveniently located near major transportation routes, including U.S. 41 (Tamiami Trail) (±45,000 VPD) and Interstate 75 (±21,594 VPD), providing easy access to surrounding areas like Punta Gorda, Fort Myers, and Sarasota. This central location helps drive both customer traffic and business efficiency for Caliber Collision.
- NN Lease: Landlord has limited responsibilities.
- Recent Renovations: Replaced Roof (2022).
- Lease Extension: Recently extended lease by 5 years to 2030 with rental increase tied to CPI.
- Below Market Rent: Site benefits from rent that is significantly cheaper than the national average for Caliber Collision.
- Spacious Lot: 5 building ±1.23 AC ±390 SF frontage lot allowing for ample vehicle storage and 12 bays for simultaneous repairs Includes two mix rooms.
- Minimal Competition in the Area: Charlotte Harbor and Punta Gorda have limited competition in the immediate vicinity for automotive repair services, particularly in the specialized collision repair market. This gives Caliber Collision a competitive edge, contributing to its market leadership and the stability of the property as an income producing asset.
Broker of Record
- Kyle Matthews
- License No. CQ1066435 (FL)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203