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CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE 220 98th St NW

16,100 SF Retail Building Albuquerque, NM 87121 $5,948,672 ($369/SF) 6.25% Cap Rate

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Investment Highlights

15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
Near Westpointe 40 - a 90-Acre Development at I-40 and 98th, offering Warehousing, Interstate Access, on-site Utilities, and more.

Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
Densely Populated Area: Features 160k+ People Residing w/in a 5-Mile Radius. Located in One of the Fastest Growing Segment of the Albuquerque MSA.
Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Executive Summary

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

16,100 SF

Building Class

Year Built

2025

Construction Status

Under Construction

Price

$5,948,672

Price Per SF

$369

Cap Rate

6.25%

NOI

$371,792

Tenancy

Single

Building Height

1 Story

Building FAR

0.15

Lot Size

2.50 AC

Opportunity Zone

Yes

Frontage

188 FT on 98th Street Northwest

MAJOR TENANTS

Caliber Collision
Retailer
16,100 SF
-
Triple Net
Jun 2040

Tenant	Industry	SF OCCUPIED	RENT/SF	Lease Type		Lease End
Caliber Collision	Retailer	16,100 SF	-	Triple Net		Jun 2040

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