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Caliber Collision

701 ATLAS AVE MADISON, WI 53714

Price:
$4,480,785
CAP Rate:
6.50%
NOI:
$291,251
Net Rentable Area:
17,443 SF
Lot Size:
1.01 Acres
Year Built:
1971 / 2023
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Brand new 15 year absolute net lease, zero landlord obligations
  • Site is currently undergoing first-class renovations to meet Caliber's rigorous operating standards
  • 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 investment, Caliber's parent company, Wand Newco 3, Inc, recently upgraded to a Moody's rating of B2
  • 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

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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