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8533 W Highway 101 W, Savage, MN, 55378

Caliber Collision
Closed

Key Information

Tot. SF
8,404
Year Built
1977
Term Remaining
±5 YRS
Type
Retail

Highlights

INVESTMENT HIGHLIGHTS

  • LARGEST COLLISION TENANT – Caliber Collision is the nation’s largest corporate collision repair provider, operating over 1,800+ locations across 41 states. Its scale and reputation make it a preferred partner for major insurance carriers.
  • UNIQUELY LOW RENT – Unlike typical new construction Caliber Collision deals priced around $5M with $250K+ in annual rent, this site offers a much lower rent of $72K indicating stronger profitability potential than those stores.
  • LOW PRICE/RENT PSF – Additionally, most collision shop deals equate to $200 – $300 PSF minimum while the subject property is being offered at only $122.
  • E-COMMERCE & RECESSION RESISTANT – Collision repair remains an essential service regardless of economic cycles. As long as vehicles are on the road, demand remains stable, providing investors with a dependable, resilient income stream.
  • STRONG MARKET FUNDAMENTALS & DEMOS – Located directly off Highway 13 with ±53,000 vehicles per day, the site benefits from a projected 2.3% population growth over the next five years and an affluent local demographic with an average household income of $157,900 within a 5-mile radius.
  • MINIMAL LANDLORD RESPONSIBILITIES – Tenant takes care of taxes, insurance, and most maintenance of the property.
  • MINNEAPOLIS MSA – Home to approximately 3.7 million people, the Minneapolis MSA boasts the highest concentration of Fortune 500 companies per capita, including major employers such as UnitedHealth Group, Target, Best Buy, 3M, and General Mills.

Photos

Location

Agents

Broker of Record

Brian Brockman

License # 40628602 (MN)
Bang Realty, Inc
2939 Vernon Place Cincinnati OH 45219