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5387 Overpass Rd
Santa Barbara, CA 93111
CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE · Industrial Property For Sale

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.
  • Densely Populated and Affluent Area: Average Household Income of $137k+ w/in a 3-Mile Radius and 105k+ People Residing w/in a 5-Mile Radius.
  • Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • Minutes from University of California-Santa Barbara - part of the University of California University system with an Enrollment of 25k+ Students.

PROPERTY FACTS

Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • General Retail Freestanding
  • General Retail Storefront
Building Class A
Lot Size 0.68 AC
Rentable Building Area 9,871 SF
No. Stories 1
Year Built/Renovated 1988/2024
Tenancy Single
Parking Ratio 3.04/1,000 SF

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
071-220-035
Land Assessment
$2,000,000
Improvements Assessment
$3,172,500
Total Assessment
$5,172,500
  • Listing ID: 31833158

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 5387 Overpass Rd, Santa Barbara, CA 93111

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