CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE 6901 Marsha Sharp Freeway 17,525 SF Retail Building Lubbock, TX 79407 $9,229,879 CAD ($526.67 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
- Brand New 2025 Construction. Densely Populated and Affluent Area.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
EXECUTIVE SUMMARY
Caliber Collision Center | 15 Year Absolute Net Lease | Brand New 2025 Construction | In Close Proximity to Numerous Auto Dealerships & Auto Service Centers | Near 1.2M+ Sq.Ft. Shopping Center | Densely Populated and Affluent Area | Minutes from Texas Tech University | Immediate Area Experiencing Major Growth | Qualifies for Accelerated Depreciation | Recession Resistant Concept
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
17,525 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$9,229,879 CAD
Price Per SF
$526.67 CAD
Cap Rate
6%
NOI
$553,793 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
2.00 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Caliber Collision
- Retailer
- 17,525 SF
- -
- Net
- Sep 2040
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Caliber Collision | Retailer | 17,525 SF | - | Net | Sep 2040 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R67474 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $6,153 CAD |
