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CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE 6901 Marsha Sharp Freeway

17,525 SF 100% Leased Retail Building Lubbock, TX 79407 £5,072,819 (£289/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. Nearby Caliber is Consolidating to this Location Effectively Servicing the Regional Demand.
  • 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
Freestanding
Building Size
17,525 SF
Year Built
2025
Construction Status
Under Construction
Price
£5,072,819
Price Per SF
£289
Net Initial Yield
6%
NOI
£304,369
Percent Leased
100%
Number of Floors
1
Building FAR
0.20
Lot Size
2.00 AC

Nearby Major Retailers

F45 Training, Inc.
Premier Martial Arts
Fuddruckers
Prosperity Bank
McAlister's Deli
Cycle Bar
HOTWORX
Rosa's Cafe
Chicken Salad Chick
Cracker Barrel Old Country Store
  • Listing ID: 34162507

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 6901 Marsha Sharp Freeway, Lubbock, TX 79407

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