2002 Alma Ave
Pueblo, CO 81004
Caliber Collision (Corporate 10 Yr Extension) · Retail Property For Sale

Marcus & Millichap is proud to offer for sale the fee simple ownership in a corporate guaranteed Caliber Collision located in Pueblo, Colorado. The tenant just renewed the lease for 10 years with 1, 5-year option to extend the lease and annual 2% rent increases. The next closest Caliber Collision location is over 40 miles from this site. This is an ideal passive investment opportunity given the recently extended lease term, fixed annual rent increases and corporate guaranty. Additionally, this is a recession proof tenant given the constant need for auto body repairs whether a car is powered by gas or electric. Caliber Collision began operating at this location in 2016 and recently expanded the location in late 2018 with a new shop addition of 3,000 square feet. With this recent expansion they also reset the lease term to 10 years as of March 2019, showing a strong commitment to this site. Caliber Collision is the nation’s largest collision repair company with more than 1,000 stores across 37 states. With this recent Abra Auto Body Repair merger (February 2019) Caliber Collision was able to gain a presence in 18 states that it didn’t previously operate within the United States.