CALIBER COLLISION

Strategic retail location: Prominently situated along Montana Avenue (U.S. Route 62), a major arterial corridor with ±41,900 vehicles per day; current road widening project is expected to further enhance accessibility and visibility.
Dense surrounding demographics: Located within a 10-mile radius population of approximately 585,743 residents, supporting strong retail demand and consistent consumer traffic.
Strong market fundamentals: El Paso benefits from a diverse economic base, anchored by industrial activity and military presence, alongside ongoing population growth and infrastructure expansion.
Performing location with low occupancy costs: Tenant occupancy costs remain low at $13.81/SF—below both the El Paso market average of $16.90/SF and the Texas state average of $19.35/SF (per CoStar).
Optimal lease structure: Recently extended 10-year NN+ lease offering long-term, passive income with minimal landlord responsibilities.
Tenant capital commitment: The tenant has recently invested approximately $325,000 to expand the shop space, reflecting a strong operational commitment and long-term occupancy intent.
Established asset: ±17,264 SF building situated on ±2.16 acres; originally constructed in 1989 and renovated in 2010, providing stable infrastructure with potential for further enhancement.
Rare 3% annual increases: Due to the compounding effect, over a 5-year period, this structure generates a 15.9% rent increase, compared to only 10% under the typical lease model.
Nationally recognized tenant: Leased to Caliber Collision, a leading auto body repair brand with over 1,800 locations nationwide and a demonstrated history of successful operations.

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Patrick Graham