Caliber Collision - Net Lease Property for Sale
Odessa, TX
Key Investment Metrics
Price
$4,875,000
Cap Rate
5.8%
Net Operating Income
$285,005
Building Size
23052 SF
Lot Size
23,052 SF
Land Area
1.714 Acres
Remaining Term
13.3 years
Lease Expiration
04/30/2039
Lease Term
15 years
Lease Commencement
04/15/2024
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Caliber Collision Net Lease Property
This Caliber Collision NNN (triple net lease) property is located in Odessa, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 23052 square feet of building space and was built in 2024.
With a cap rate of 5.8%, this Caliber Collision net lease property offers stable income potential. The asking price is $4,875,000, making it an attractive option for 1031 exchange investors seeking quality Caliber Collision commercial properties.
Why Invest in Caliber Collision NNN Properties?
- Stable Income: Caliber Collision net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Caliber Collision is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Odessa, TX Market Overview
Located in Odessa, TX, this Caliber Collision property benefits from strong local demographics and market fundamentals. The Odessa area offers excellent visibility and accessibility, making it an ideal location for Caliber Collision operations and a solid investment for net lease property buyers.