CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE 6901 Marsha Sharp Freeway 17,525 SF Retail Building Lubbock, TX 79407 £4,884,481 (£278.72/SF) 6% 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.
- 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
£4,884,481
Price Per SF
£278.72
Net Initial Yield
6%
NOI
£293,069
Tenancy
Single
Number of Floors
1
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
- -
- NNN
- Sep 2040
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Caliber Collision | Retailer | 17,525 SF | - | NNN | Sep 2040 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R67474 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £3,237 |
