Clearfield, UT
Price: $3,218,000
Cap Rate: 5.80%
Status: UNDER CONTRACT
Caliber Collision
520 East 700 South | Clearfield, UT 84015
Blue West Capital is pleased to exclusively offer for sale a strategically located Caliber Collision in Clearfield, UT. Located just west of the heavily trafficked signalized intersection of State Street and E 700 S this Caliber Collision is also positioned two miles west of Hill Air Force Base.
This property offers 6.5 years remaining on net lease with minimal landlord responsibilities and 8% rental increase in March 2023 and each renewal option. Caliber Collision is the nation’s largest collision repair company with over 1,200 locations.
- Rapidly expanding area with over 92,000 people living within three miles
- Located one mile east of the Freeport Center, a 680-acre manufacturing & distribution corridor featuring over 7 million square foot and employing over 7,000 people
- Qualifies for accelerated bonus depreciation
- NOI is 26% lower and purchase price is 21% lower than the average Caliber Collision property*
OFFERING SUMMARY
Price: $3,218,000
Cap Rate: 5.80%
Building Size: 12,467 SF
Lot Size: 1.37 Acres
INVESTMENT CONTACT
ZACH WRIGHT
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com
BRANDON WRIGHT
Analyst
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com