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Caliber Collision 121 Pierce St

9,145 SF Retail Building Gilroy, CA 95020 $2,772,114 ($303/SF) 5.25% Cap Rate

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Investment Highlights

Market Leader: America’s largest collision repair company with 1,700+ locations in over 40 states, employing 25,000 people.
Proven Location: Longstanding and proven site with performance across multiple economic cycles and a demonstrated long-term tenant commitment.
Lease Extension: Recently extended lease by 5 years to 2030, with two additional 5-year option periods.

Corporate Guarantee: Lease guaranteed by Caliber Bodyworks LLC.
Strategic Location: Situated in a major automotive corridor, ensuring a steady flow of business.
Annual Increases: Rental increases tied to CPI, capped at 6.5%.

Executive Summary

Broker of Record
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Auto Repair

Building Size

9,145 SF

Building Class

Year Built

1969

Price

$2,772,114

Price Per SF

$303

Cap Rate

5.25%

NOI

$145,535

Tenancy

Single

Building Height

1 Story

Building FAR

0.22

Land Acres

0.97 AC

Zoning

CM, Gilroy

Parking

100 Spaces (10.93 Spaces per 1,000 SF Leased)

Frontage

147 FT on Pierce St

Amenities

Fenced Lot

Signage

MAJOR TENANTS

Services
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Founded in 1997, Caliber has grown to more than 1,700 centers nationwide and features a range of automotive services, including Caliber Collision, one of the nation’s largest auto collision repair provider across dozens of states and Caliber Auto Glass for glass repair and replacement. With the Purpose of "Restoring the Rhythm of Your Life®", Caliber’s more than 27,000 teammates are committed to getting customers back on the road safely — and back to the rhythm of their lives — every day. Dedicated to providing an outstanding customer experience, Caliber continues to rank among the highest customer satisfaction scores in the industry.