Centennial, CO
Price: $3,895,000
Cap Rate: 5.50%
Status: AVAILABLE

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Blue West Capital is pleased to present the sale of a single tenant net leased Caliber Collision in the Denver MSA. The property is located in Centennial, the 11th largest municipality in Colorado. This is a proven collision center location with a twenty year operating history. The Caliber Collision is approximately two miles east of Centennial Airport (one of the busiest private airports in the U.S. with 875+/- flights per day) and two miles east of UCHealth Training Center (Denver Broncos headquarters and practice facility). The surrounding area is affluent with average annual household incomes of over $137,000 within three miles.

Caliber Collision is the nation’s largest collision repair company with over 1,400 locations. The property qualifies for accelerated bonus depreciation – consult with your CPA.

  • Located within the Denver MSA in a dynamic industrial corridor and affluent area
  • Centennial is the 11th largest municipality in Colorado
  • Proven collision repair location with over 20 years of operating history
  • Low rent PSF ($13.70/SF) and overall rent for a Caliber Collision property
  • Colorado is an ideal market for a collision repair business due to acclimate weather and is one of the most expensive states for auto insurance
  • Affluent surrounding area with average annual household incomes of over $137,000 within three miles
  • Densely populated area with approximately 225,000 people living within five miles
  • Positioned approximately two miles east of Centennial Airport (one of the busiest private airports in the U.S. with 875+/- flights per day) and two miles east of UCHealth Training Center (Denver Broncos headquarters and practice facility)
  • Caliber Collision is the nation’s largest collision repair company with over 1,400 locations
  • Lease features rental increases in the renewal option periods
  • Qualifies for accelerated bonus depreciation – consult with your CPA

OFFERING SUMMARY

Price: $3,895,000
Cap Rate: 5.50%

Building Size: 15,630 SF
Land Size:
1.17 AC

INVESTMENT CONTACT

BRANDON WRIGHT
Associate
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com

ZACH WRIGHT
Director & Partner
Investment Sales
720.966.1628
Zach@BlueWestCapital.com

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2022-04-06T13:00:54-07:00
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