CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE | 1815 Main St
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CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE 1815 Main St
16,100 SF 100% Leased Retail Building Billings, MT 59105 £5,386,392 (£335/SF) 6.45% Net Initial Yield
Investment Highlights
- 15 Year 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.
- Brand New 2025 Construction. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
- Billings is Experiencing Rapid Growth and a Strong Economy; it has had and is Continuing to have the Largest Growth of any city in Montana.
- The Site Benefits from its Close Proximity to Downtown Billings - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants.
Executive Summary
Montana Broker of Record: Adam Christofferson | 16830 Ventura Blvd., Ste. 100 Encino, CA 91436 | P: (818) 212-2700 | Lic #: RRE-BRO-LIC-15748
Brand New 2025 Construction | Rapidly Growing Community | Near Numerous National Retailers | Minutes from Downtown Billings and International Airport | Qualifies for Accelerated Depreciation | Recession Resistant Concept
Brand New 2025 Construction | Rapidly Growing Community | Near Numerous National Retailers | Minutes from Downtown Billings and International Airport | Qualifies for Accelerated Depreciation | Recession Resistant Concept
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
16,100 SF
Year Built
2025
Construction Status
Under Construction
Price
£5,386,392
Price Per SF
£335
Net Initial Yield
6.45%
NOI
£347,422
Percent Leased
100%
Number of Floors
1
Building FAR
0.13
Land Acres
2.95 AC
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Caliber Collision
- Retailer
- 16,100 SF
- -
- Triple Net
- Feb 2040
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Caliber Collision | Retailer | 16,100 SF | - | Triple Net | Feb 2040 |
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CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE | 1815 Main St
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