5313 Highway 90 - Auto Repair FOR SALE
Pace, FL 32571 |
5313 Highway 90
Pace, FL 32571
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
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Caliber Collision
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
14600
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
13-1N-29-0000-00800-0000
