Caliber Collision

8300 N Lindbergh Blvd, Florissant, MO 63031

$2,493,000

Cap Rate 7.50%

Views: 132 DOM: 410 Updated: 06.03.24 Posted: 10.21.23 Status: Contract

Summary

Price $2,493,000	Built/Renov 2000	Tenant Caliber Collision
Cap Rate 7.50%	Lease Type Double NN	Guarantor Corporate
Size/SF 15,417	Lease Start 08-08-2014	#Units 1,605
Price/SF $161.70	Expiration 02-28-2031	Tenant Type Automotive
NOI $187,000	R. Term 6.2	Ownership Fee Simple
Rent/SF $12.13	Increases 5.0%/1/yrs	Pop 5Mi 171,761
Lot/AC 1.36	Options 2/5yrs/5%	AHHI 5Mi $79,733

Lease Highlights

Caliber Collision has over 7 years remaining on the current lease term with 2 (5-year) options to extend
Lease features 5% rental increases every 5 years throughout the initial term and at the start of each option
Low rent | Tenant is paying only $12/SF
Corporate guaranteed lease

Location Description

Caliber Collision is strategically located along Lindbergh Blvd which sees 45,000 vehicles per day. The site is within close proximity to I-270 which makes up a large portion of the outer belt freeway and see’s 146,700 VPD. National/credit tenants in the area include Auto Zone, Subway, Domino’s, Burger King, IHOP and many others. The 5-mile trade area boasts an impressive population of 171,761...

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Key Features

Build to suit
Major thoroughfare
Dense retail corridor
Near major nationals
Strategically located
Freeway close
Top 100 MSA
Strong demographics
Corporate Guarantee
Over 1000 units backed

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Links

Caliber Collision Wikipedia Florissant, Missouri Zip Code 63031 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Caliber Collision
Guarantor:Corporate
Company:Hellman & Friedman
# Units:1,605
Stock:Private

About Tenant

Caliber Collision Centers is the largest collision repair company in America, which provides mechanical repair, quick oil change services, and glass repair and replacement. Founded in 1997, today...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	14,051	88,143	168,752
2023 Total Population :	14,224	89,569	171,139
2023 Employed Civilian Pop :	7,213	46,309	87,303
2023 Total Businesses :	571	2,260	4,275
2023 Average Household Income :	$ 72,953	$ 77,169	$ 77,749
2023 Total Consumer Spending :	$ 387 M	$ 2452 M	$ 4682 M
2023 Median Age :	40	39	40
2023 Total Households :	6,143	36,652	69,419
2023 Pop Age 25+: Bachelor's Degree :	1,460	11,975	20,911
2023 Average Home Value :	$ 205,905	$ 192,661	$ 202,926

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
North Lindbergh Boulevard	Southwell Ln	2022	23,622	0.05 mi
Manresa Ln	Southwell Ln	2013	1,758	0.18 mi
Manresa Lane	Canisius Ln	2022	978	0.36 mi
Charbonier Road	N US Hwy 67	2012	15,970	0.46 mi
Charbonier Rd	Loekes Dr	2012	15,970	0.47 mi
West Washington Street	N Hwy 67	2022	9,335	0.48 mi
Graham Rd	Westcott Dr	2011	20,880	0.49 mi
	Canisius Ln	2022	1,117	0.56 mi
Charbonier Rd	Flower Ridge Ln	2012	14,184	0.57 mi
N US Hwy 67	W Washington St	2012	27,893	0.61 mi

Listing Broker

Aron Cline

Berkeley Capital Advisors

Contact

177 Listings
28533 Views
21 Sold

Calvin Short

Berkeley Capital Advisors

Contact

187 Listings
29596 Views
23 Sold

Aron Cline

Specializing in Single Tenant Net Lease and Shopping Centers, Aron Cline leads Berkeley Capital Advisors’ West Coast Office. Since 2011, Aron has been actively engaged in the commercial real estate space. Over the last decade, he and his team have been regarded as one of the most active brokerage teams in the country - having brokered over 1,300 transactions totaling $3.5 billion. His dedication and success have earned him the trust of some of the country’s top institutions, developers, high ne

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Calvin Short

Calvin Short joined Berkeley Capital Advisors in 2021 and leads the West Coast capital markets group. Since joining Berkeley, Calvin has been a part of closing 1,400 separate transactions with $4 billion in sales volume. Prior to Berkeley, Calvin served as Senior Vice President at Matthews REIS where he was consistently ranked within Matthews’ top five producing agents. In 2012, he graduated from The University of San Diego with a B.A. in Real Estate Finance. Calvin has spent the past 10 years

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