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Caliber Collision 121 Pierce St

9,145 SF Retail Building Gilroy, CA 95020 $3,898,701 CAD ($426 CAD/SF) 5.25% Cap Rate

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Investment Highlights

Market Leader: America’s largest collision repair company with 1,700+ locations in over 40 states, employing 25,000 people.
Proven Location: Longstanding and proven site with performance across multiple economic cycles and a demonstrated long-term tenant commitment.
Lease Extension: Recently extended lease by 5 years to 2030, with two additional 5-year option periods.

Corporate Guarantee: Lease guaranteed by Caliber Bodyworks LLC.
Strategic Location: Situated in a major automotive corridor, ensuring a steady flow of business.
Annual Increases: Rental increases tied to CPI, capped at 6.5%.

Executive Summary

Broker of Record
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Auto Repair

Building Size

9,145 SF

Building Class

Year Built

1969

Price

$3,898,701 CAD

Price Per SF

$426 CAD

Cap Rate

5.25%

NOI

$204,680 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.22

Land Acres

0.97 AC

Zoning

CM, Gilroy

Parking

100 Spaces (10.93 Spaces per 1,000 SF Leased)

Frontage

147 ft on Pierce St

Amenities

Fenced Lot

Signage

MAJOR TENANTS

Services
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Fondée en 1997, Caliber compte aujourd'hui plus de 1 700 centres à l'échelle nationale et offre une gamme de services automobiles, dont Caliber Collision, l'un des plus importants fournisseurs de réparation de collision automobile au pays dans des dizaines d'États, et Caliber Auto Glass pour la réparation et le remplacement de vitres. Dans le but de « Restaurer le rythme de votre vie® », les plus de 27 000 coéquipiers de Caliber s'engagent à ramener les clients sur la route en toute sécurité — et à retrouver le rythme de leur vie — chaque jour. Dédié à offrir une expérience client exceptionnelle, Caliber continue de se classer parmi les meilleurs scores de satisfaction de la clientèle de l'industrie.