Net Lease Industry

Lowest
Cap Rate

4.68%

Lowest cap rate over past 24 months

Average
Cap Rate

6.61%

12 mo avg with 5+ yr lease term


Overview
Caliber Collision properties are typically offered as absolute NNN or double net (NN) leases, providing investors with minimal landlord responsibilities. These properties are often situated on high-traffic retail corridors, featuring large service bays and ample parking to accommodate a high volume of customers. Leases are often corporate-guaranteed by Caliber Holdings Corporation, providing investors with a stable and reliable tenant
Average Property & Lease
Average Sale Price $2,500,000 - $5,200,000
Average NOI $131,000 - $312,000
Building SF 12,000
Lease Term 15 Years
Escalations 10% Every 5 Years
Stock Symbol N/A
CREDIT RATING
S&P

N/A

Moody's

N/A

TENANT DESCRIPTION

Caliber Collision was established in 1997 in California and has grown to become the largest collision repair company in the United States. The company operates over 1,700 locations across 41 states, offering a range of services including collision repair, auto glass repair and replacement, and mechanical services. Caliber Collision’s growth has been fueled by strategic acquisitions and a commitment to customer service, encapsulated in its mission to “Restore the Rhythm of Your Life.”

PROS
  • Corporate-Guaranteed Leases: Provides financial stability and reduces risk.

  • Essential Service Tenant: Collision repair is a recession-resistant industry.

  • Long-Term Leases: Offers predictable income streams.

  • Strategic Locations: Properties are typically located in high-traffic areas.

  • Strong Market Presence: Largest collision repair provider in the U.S.

CONS
  • Private Company: Limited public financial information available.

  • Specialized Buildout: Properties are tailored for collision repair, which may limit reusability.

  • Market Saturation: High concentration in certain markets could impact performance.

COMPANY QUICK STATS
Founded 1997
Headquarters Lewisville, TX
Number of Locations 1,700
Revenue $5 B
Company Website https://www.caliber.com/
Key Principal David Simmons