Freestanding For Sale • 17,525 SF
15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. |
Brand New 2025 Construction. Nearby Caliber is Consolidating to this Location Effectively Servicing the Regional Demand. |
Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing. |
Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger. |
Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics. |
Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation. |
Cap Rate: | 6.00 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Caliber Collision | 17,525 SF | 9/30/2040 |
Airport | Drive | Walk | Distance |
---|---|---|---|
Lubbock Preston Smith International | 31 min | - | 18.0 mi |