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CALIBER COLLISION | 15 YEAR ABSOLUTE NET 210 289 loop 17,549 SF Retail Building Lubbock, TX 79416 $7,300,000 ($415.98/SF) 5.75% Cap Rate
Investment Highlights
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System.
- Brand New 2026 High Quality Construction. Caliber Collision is the Nation’s Largest Collision Repair provider, with 1,800+ Convenient Locations.
- Strategic Access to Major Regional Transportation Routes - Convenient Access to Marsha Sharp Freeway, Loop 289, and U.S. Highway 84.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Executive Summary
Caliber Collision | 15 Year Absolute Net Lease | Brand New 2026 Construction | Prime Hwy 289 Frontage | Densely Populated Area | Minutes from Texas Tech University | Immediate Area Experiencing Major Growth | Near Numerous Auto Dealerships and Auto Service Centers | Qualifies for Accelerated Depreciation | Recession Resistant Concept
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
17,549 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$7,300,000
Price Per SF
$415.98
Cap Rate
5.75%
NOI
$419,736
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.92 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Caliber Collision Center
- Retailer
- 17,549 SF
- -
- Triple Net
- Sep 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Caliber Collision Center | Retailer | 17,549 SF | - | Triple Net | Sep 2041 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R318692 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,937 |
Property Taxes
Parcel Number
R318692
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,937
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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CALIBER COLLISION | 15 YEAR ABSOLUTE NET | 210 289 loop
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