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Caliber Collision 5050 Smith Rd 16,969 SF Flex Building Denver, CO 80216 $6,075,500 ($358.04/SF) 6% Cap Rate
Investment Highlights
- Infill Denver location with extreme barriers to entry
- Long-term lease with approximately 8.5 years remaining
- Absolute triple net lease with no landlord responsibilities
- Approximately 5 miles east of Downtown Denver and 18 miles west of Denver International Airport, the 6th busiest airport in the world
- 10% rental increases every five years
- Recently constructed build-to-suit Caliber Collision (2019)
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Services
- 16,969 SF
- -
- Triple Net
- Dec 2034
Caliber was founded in 1997 and began with collision centers in California before growing into a national automotive services business. The company focuses on collision repair, auto glass repair and replacement, and related auto care services through its family of brands. Caliber's collision repair services are supported by repair processes, certifications, and relationships with major insurance carriers and vehicle manufacturers. Today, Caliber maintains a broad presence across the United States and continues to expand its service network for drivers needing post-collision and glass repair support.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Services | 16,969 SF | - | Triple Net | Dec 2034 |
Property Taxes
| Parcel Number | 1194-00-250 | Improvements Assessment | $375,270 |
| Land Assessment | $375,270 | Total Assessment | $1,252,550 |
Property Taxes
Presented by
Caliber Collision | 5050 Smith Rd
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