Caliber Collision, Erie, Colorado

3310 Ideal Drive no-imageVIEW MAP

Property Information

Price: $6,698,582

Cap Rate: 5.0%
NOI: $334,929.11
Lease Term: 15 Years
Lease Type: Absolute NNN
Building Size: Approximately 18,583 Square Feet
Year Built: 2021
Status: Under Contract
Lead Broker Information:

Randy Bell

bell@realcapitalinvestments.com

214-380-3670

Property Description

Investment Highlights

  • Brand-New 15 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Two (5-Year) Options to Renew
  • 10% Rent Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
  • Best in Class Tenant – Caliber Collision is the Largest Collision Repair Company in the United States with Over 1,100 Locations and Triple the Size of the Nearest Competitor
  • Corporately Guaranteed Lease by CH Holding Corp with an S&P Credit Rating of “B” and a Moody’s Credit Rating of “B2” – Over $2 Billion in Revenue
  • Premier Private Equity Leadership – Hellman & Friedman, a Leading Private Equity Investment Firm with Over $25 Billion in Current Assets is the Majority Owner, Along with OMERS and Leonard Green & Partners Who Combined Have Over $56 Billion in Assets Under Management
  • Located in One of Denver’s Most Rapidly Growing Industrial Submarkets Containing Over 4.3 Million Square Feet of Industrial, Office and Distribution Space in a 5-Mile Radius
  • High Daytime Population with More Than 9,740 Employees and Over 1,152 Businesses within a 5-Mile Radius of the Property
  • Affluent and Growing Area with Excellent Demographics – Over 43,200 People Living in a 5-Mile Radius with Average Household Income Exceeding $127,100
  • High Traffic Location – Over 30,050 Vehicles Per Day on State Highway 52 and Over 112,000 Vehicles Per Day on Nearby Interstate 25
  • Located Approximately 1.6 Miles from the Centura Health Indian Peaks Medical Center – a 30,000 Square Foot, 24-Hour Specialty Emergency & Urgent Care Hospital That Serves the Residents of Weld County
  • Within a 5-Mile Radius of Twelve Public, Private and Preparatory Schools with a Total Enrollment of Over 6,670 Students
  • Situated 26 Miles from Downtown Denver, the Largest City in Colorado and the 19th Largest City in the United States with a City Limit Population Exceeding 732,000 and MSA Population Exceeding 2.9 Million
  • Tremendous Recent Growth – Colorado is the 3rd Fastest Growing State in the Country, Driven Largely by the Growth of the Denver Metro Area, Which has Increased by 15.29% Since the 2010 Census
  • Denver Experiences More Than 31.7 Million Visitors Every Year, Generating an Economic Impact of Over $12 Billion