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ABSOLUTE TRIPLE NET (NNN) LEASE
The tenant pays for all operating costs, including taxes, insurance, maintenance, and is responsible for roof and structure
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LONG TERM STABLE INVESTMENT
The new 15 year lease commenced in 2020, with 11+ years remaining on the base term
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REGULAR RENT INCREASES
10% increases every 5 years, next increase takes effect in August 2025
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STRONG CORPORATE GUARANTY
Caliber Collision is the largest auto body repair company in the U.S. with over 1,700 locations
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STRATEGICALLY LOCATED RETAIL CORRIDOR
The subject site is right off I-64 in a busy retail area, adjacent to the region's large car dealerships, with nearly 25,000 vehicles passing by daily
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CAPITAL CITY / KENTUCKY STATE UNIVERSITY
In between Louisville and Lexington, Frankfort is Kentucky's state capital, and is home to Kentucky State University Frankfort, which is just 2 miles from the subject site