Net Leased Caliber Collision Portfolio Sale Arranged Date December 10, 2020
The Boulder Group, a net leased investment brokerage firm completed the sale of two single tenant net leased Caliber Collision properties located in Colorado and Oklahoma for approximately $3,800,000.
Both net leased Caliber Collision properties are located in top 50 MSA’s and well positioned in industrial corridors along busy thoroughfares.
The seller was a west coast based investment group and the buyer was also a west coast based investment group.
Caliber Collision has less than 10 years remaining on the primary lease term at both locations. Founded in 1997, Caliber Collision is the nation’s largest collision repair company. Today they operate over 1,100 repair centers across the United States. Caliber Collision is consistently ranked among the highest customer satisfaction scores in the industry, which is tied to the lifetime warranty they offer on all work.
“Net leases to e-commerce resistant tenants like Caliber Collision continue to garner significant investor interest” said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, “Single tenant investment properties located in top 50 MSAs like Denver and Oklahoma City continue to be popular amongst investors.”
About The Boulder Group
The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $6 billion of single tenant net lease real estate transactions. From 2012-2019, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in the suburban Chicago suburb of Wilmette. www.bouldergroup.comBack