Caliber Collision
Hawaiian Gardens, California
Building
Stats
- Property Type Retail - Vehicle Related
- Building size (SF) 17,358
- Size (Ac) 1.06
- Price $5,150,000
Overview
Brand New Caliber Collision on 15-Year NNN Lease in Hawaiian Gardens, CA
Highlights
Dense Infill Los Angeles Location - The property sits less than a mile from the 605 freeway. Neighboring businesses include: Food 4 Less (across the street), Long Beach Towne Center (1,000,000 SF super center) and The Gardens Casino (200,000 SF casino) only a block away.
Below Market Rent - Starting base rent sits below market at only $1.36/sf or $16/sf annually on a triple net basis.
Rare 15% Rent Increases - 15% rent escalations every five years. Starting NOI in 2027 is $325,503
Excellent Demographics - $123,926 average household income in 3 mile radius. Population density of 200,000 in 3 mile radius and well over half a million people within 5 miles.
Attractive Price Per Foot - Priced $297 PSF against the building provides great basis for a long-term investment strategy.
$1+ Million in Renovations - Benefits from the recent overhaul completed in 2023 by Caliber Collision.
Functional Building - The property sits on over one acre that includes two large secured yard areas. The building boasts ten ground level loading doors and 14’ to 18’ clear height.
Strong Corporate Guarantee - Nation’s largest collision repair company with over 1,750 locations in 40 states.
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