Skip to main content

Auto Parts

Caliber Collision | Madison WI | Now Open For Business

701 Atlas Ave, Madison, WI 53714

Listing Price: $4,480,785

Cap Rate
6.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
17,443
Lease Type
Absolute Net
Rent Per Square Feet
$16.70

Investment Overview

This opportunity provides a qualified buyer with a long term and stable passive investment, featuring two 5-year renewal options and 10% rent bumps every 5-years, to hedge against inflation. Caliber Collision is expecting a Q1 2024 lease start, offering 15 years on an absolute net lease, with zero landlord responsibilities.

Madison is the state’s capital city and comprises more than 60 percent of the metro’s population, with 281,000 citizens. The largest public university in the state is also located in the city of Madison, providing local employers with a stream of young and educated personnel. Metrowide, the population is expected to grow by 37,000 people in the next five years.

Investment Highlights

  • Brand new 15 year absolute net lease, zero landlord obligations
  • Regular 10% rent increases every 5 years hedge against inflation
  • Strong corporate guaranty from the largest auto body repair company in the U.S. backed by over 1,700 locations
  • Stable and E-commerce and recession resistant industry, as long as there are cars on the road, there will be a need for body work
  • Well located just 15 minutes from Downtown Madison, within a busy industrial trade area
  • Strong demographics, with 155k+ residents with an average income of over $80k within a 5 mile radius

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Auto Parts

Caliber Collision | Madison WI | Now Open For Business

Listing Price: $4,480,785

Cap Rate
6.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
17,443
Lease Type
Absolute Net
Rent Per Square Feet
$16.70

Investment Highlights

  • Brand new 15 year absolute net lease, zero landlord obligations
  • Regular 10% rent increases every 5 years hedge against inflation
  • Strong corporate guaranty from the largest auto body repair company in the U.S. backed by over 1,700 locations
  • Stable and E-commerce and recession resistant industry, as long as there are cars on the road, there will be a need for body work
  • Well located just 15 minutes from Downtown Madison, within a busy industrial trade area
  • Strong demographics, with 155k+ residents with an average income of over $80k within a 5 mile radius

Investment Overview

This opportunity provides a qualified buyer with a long term and stable passive investment, featuring two 5-year renewal options and 10% rent bumps every 5-years, to hedge against inflation. Caliber Collision is expecting a Q1 2024 lease start, offering 15 years on an absolute net lease, with zero landlord responsibilities. Madison is the state’s capital city and comprises more than 60 percent of the metro’s population, with 281,000 citizens. The largest public university in the state is also located in the city of Madison, providing local employers with a stream of young and educated personnel. Metrowide, the population is expected to grow by 37,000 people in the next five years.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

MM Texture Background
MM Textured Background Lower