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5313 Highway 90
Pace, FL 32571

$6,372,000 USD

Auto Repair For Sale  •  14,600 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 14,600 SF
  • Lot Size 2.17 AC
  • Building Class B
  • Year Built 2024
  • Tenancy Single
0 Transit Score
39 Walk Score

Highlights

New 15-year Abs NNN lease to Caliber Collision, the largest collision repair company in the U.S.
Caliber Collision has nearly tripled its number of units over the last five years, from 600 in 2018 to over 1,700 and growing as of May 2023
10% rental increases every five (5) years in initial term, offering projected growth over a long-term investment
Caliber Collision was recognized as the only company of its kind to make the Forbes 2021 list of “America’s Best Large Employers”
Caliber Collision’s rental increase structure during the initial term provides a strong attraction for net lease investors
Owned by OMERS Private Equity, which is AAA rated by Standard & Poor’s

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Pensacola International 29 min - 16.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 80
Type: Surface
Included in Rent: Yes
Michael Yuras 415-481-0788 Cushman & Wakefield
Michael Yuras 415-481-0788 Cushman & Wakefield