CALIBER COLLISION | LONG TERM ABSOLUTE NET | 150 E 45th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
CALIBER COLLISION | LONG TERM ABSOLUTE NET 150 E 45th St
23,052 SF Retail Building Odessa, TX 79762 $7,030,975 CAD ($305.00 CAD/SF) 5.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Densely Populated Area: Features more than 113k People Residing within a 5-Mile Radius. Odessa has Experienced Steady Growth over the Years.
- Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
- Odessa, Texas, has seen Consistent growth over the Years, driven by the Energy Sector, Manufacturing, and an Expanding Retail Industry.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
EXECUTIVE SUMMARY
2024 Renovation | Densely Populated Area | Near Numerous Auto Dealerships and Auto Service Centers | Directly Across from Ector County Coliseum - 5k+ Seat Multi-Purpose Arena | Minutes from Music City Mall, The University of Texas Permian Basin, Odessa College & Odessa-Schlemeyer Field Airport | Qualifies for Accelerated Depreciation | Recession-Resistant Concept
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
23,052 SF
Building Class
B
Year Built/Renovated
1975/2024
Price
$7,030,975 CAD
Price Per SF
$305.00 CAD
Cap Rate
5.85%
NOI
$411,312 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
1.51 AC
Zoning
Heavy Commercial - Heavy Commercial
AMENITIES
- Tenant Controlled HVAC
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Caliber Collision
- Retailer
- 23,052 SF
- -
- Net
- Jun 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Caliber Collision | Retailer | 23,052 SF | - | Net | Jun 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28610-01710-00000 | Improvements Assessment | $576,805 CAD |
| Land Assessment | $379,417 CAD | Total Assessment | $956,222 CAD |
PROPERTY TAXES
Parcel Number
28610-01710-00000
Land Assessment
$379,417 CAD
Improvements Assessment
$576,805 CAD
Total Assessment
$956,222 CAD
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
CALIBER COLLISION | LONG TERM ABSOLUTE NET | 150 E 45th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.