1274 Central Park Dr | O'Fallon, IL 62269
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1274 Central Park Dr
O'Fallon, IL 62269
Caliber Collision · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 15-year corporate lease to the nation’s leading collision repair provider
- Caliber Collision recently extended the lease for 15 years, with fixed 10% rental increases
- Low entry point basis with strong underlying real estate fundamentals - low occupancy cost relative to alternative Caliber Collision properties
- Absolute NNN lease structure - zero Landlord maintenance or expense responsibilities
- The subject property operates both Caliber Collision and Caliber Auto Glass generating multiple revenue streams
- Corporate guaranty: Wand NewCo 3, Inc.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
19,288 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.47 AC
Zoning
C1
Parking
120 Spaces (6.22 Spaces per 1,000 SF Leased)
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Number | 03-36.0-103-002 | Improvements Assessment | $565,308 |
| Land Assessment | $333,364 | Total Assessment | $898,672 |
PROPERTY TAXES
Parcel Number
03-36.0-103-002
Land Assessment
$333,364
Improvements Assessment
$565,308
Total Assessment
$898,672
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