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Auto Parts

Caliber Collision In Waterbury CT | Brand New 2024 Construction | Rare Connecticut NNN Opportunity

1200 Wolcott St, Waterbury, CT 06705

Listing Price: $5,170,732

Cap Rate
6.15%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
12,400
Lease Type
Absolute Net
Rent Per Square Feet
$25.65

Investment Overview

This passive investment opportunity offers a qualified buyer the chance to purchase a brand new built-to-suit Caliber Collision in Waterbury, CT. The new 15-year, absolute triple net (NNN) lease is set to commence in December 2024.

CALIBER COLLISION
Founded in 1997, Caliber Collision is now the nation’s leading auto collision repair provider. Headquartered in Lewisville, TX, the Company operates over 1,800+ locations across 41 states. The Company’s commitment to the highest quality service, accurate estimates, and on-time delivery has allowed them to become the most trusted name in the industry. Caliber offers repair services from dent removal, collision repair, glass replacement, auto body rust repair & much more, providing more repairs and referred to by more insurance agents than any other collision repair provider in the country. Caliber Collision continues to expand its presence in the industry significantly, becoming the market leader through aggressive acquisition activity and improving its customer service, aiming to provide faster, more reliable maintenance for a fair price.

WATERBURY, CT
Waterbury is a strategic location within New Haven County, providing easy access to major highways like I-84 and Route 8, making it ideal for logistics, retail, and service industries. Located in a community experiencing continued growth and revitalization, Waterbury offers a robust economic base with a mix of healthcare, education, and manufacturing industries driving demand.

Investment Highlights

  • Brand New 15-Year Absolute Net Lease, zero landlord obligations
  • Brand New 2024 Construction
  • Regular 10% rent increases every 5 years hedge against inflation
  • Strong corporate guaranty from the largest auto body repair company in the U.S. backed by over 1,800 locations
  • E-commerce and recession resistant industry, as long as there are cars on the road, there will be a need for body work
  • Rare Connecticut investment opportunity, part of the densely populated New Haven-Hartford- Waterbury MSA, with 155,000 people living within 5 miles of the subject site

Exclusively Listed By

Financing By

Auto Parts

Caliber Collision In Waterbury CT | Brand New 2024 Construction | Rare Connecticut NNN Opportunity

Listing Price: $5,170,732

Cap Rate
6.15%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
12,400
Lease Type
Absolute Net
Rent Per Square Feet
$25.65

Investment Highlights

  • Brand New 15-Year Absolute Net Lease, zero landlord obligations
  • Brand New 2024 Construction
  • Regular 10% rent increases every 5 years hedge against inflation
  • Strong corporate guaranty from the largest auto body repair company in the U.S. backed by over 1,800 locations
  • E-commerce and recession resistant industry, as long as there are cars on the road, there will be a need for body work
  • Rare Connecticut investment opportunity, part of the densely populated New Haven-Hartford- Waterbury MSA, with 155,000 people living within 5 miles of the subject site

Investment Overview

This passive investment opportunity offers a qualified buyer the chance to purchase a brand new built-to-suit Caliber Collision in Waterbury, CT. The new 15-year, absolute triple net (NNN) lease is set to commence in December 2024. CALIBER COLLISION Founded in 1997, Caliber Collision is now the nation’s leading auto collision repair provider. Headquartered in Lewisville, TX, the Company operates over 1,800+ locations across 41 states. The Company’s commitment to the highest quality service, accurate estimates, and on-time delivery has allowed them to become the most trusted name in the industry. Caliber offers repair services from dent removal, collision repair, glass replacement, auto body rust repair & much more, providing more repairs and referred to by more insurance agents than any other collision repair provider in the country. Caliber Collision continues to expand its presence in the industry significantly, becoming the market leader through aggressive acquisition activity and improving its customer service, aiming to provide faster, more reliable maintenance for a fair price. WATERBURY, CT Waterbury is a strategic location within New Haven County, providing easy access to major highways like I-84 and Route 8, making it ideal for logistics, retail, and service industries. Located in a community experiencing continued growth and revitalization, Waterbury offers a robust economic base with a mix of healthcare, education, and manufacturing industries driving demand.

Exclusively Listed By

Financing By

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