1200 Wolcott St - Auto Repair FOR SALE


Waterbury, CT 06705
$5,170,732 USD
818-907-9525
1200 Wolcott St, Waterbury, CT for Sale
$5,170,732 USD
Auto Repair - FOR SALE
1/2
null | 6.15% Cap Rate

1200 Wolcott St
Waterbury, CT 06705


HIGHLIGHTS

  • Absolute NNN Lease, zero landlord responsibilities
  • 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, 155k people living w/in 5 miles of the site

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.

FOR SALE DETAILS

PRICE

$5,170,732 USD

PRICE/SF

$414 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New Caliber Collision | Waterbury CT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

-

APN/PARCEL ID

WATE-000170-000458-000071

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.