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1075 Lyons Ln 12,000 SF 100% Leased Industrial Building Marion, IA 52302 $2,853,840 CAD ($237.82 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Well-Below-Market Rent Basis: In-place rent of ~$11 PSF runs well under the the typical rent paid by Caliber, favoring long-term renewal and re-tenant
- High Barrier of Entry Market: Zoning restrictions continue to make it more difficult for Collision users and similar auto sectors to enter the market.
- Anchored by Major Aerospace Employer: On the Blairs Ferry Rd corridor serving Collins Aerospace (RTX), Cedar Rapids' largest employer.
- Recent Capital Improvements: The tenant invested nearly $800,000 into the building when they took over operations; current ownership also installed
- Fast-Growing, High-Income Trade Area: 122,000+ residents average household income over $100K within 3 miles one of Iowa's fastest-growing communities
- Blairs Ferry Rd frontage (20,700+ VPD) within a dense retail node anchored by Target, Menards, Fleet Farm, and Michaels.
Executive Summary
Based in Lewisville, Texas, Caliber Collision is the largest provider of automotive collision repair services in the United States. Founded in 1997, the company operates more than 1,800 locations across 41 states, offering collision repair, auto glass replacement, and vehicle calibration services. Caliber serves a broad customer base through partnerships with leading insurance carriers, fleet operators, and individual vehicle owners.
With a workforce of more than 30,000 team members, Caliber Collision is committed to delivering high-quality repairs and exceptional customer service while investing in technician training and innovation. The company is recognized as an industry leader, providing comprehensive repair solutions that restore vehicles to manufacturer standards through advanced equipment, certified repair processes, and a nationwide network of service centers.
With a workforce of more than 30,000 team members, Caliber Collision is committed to delivering high-quality repairs and exceptional customer service while investing in technician training and innovation. The company is recognized as an industry leader, providing comprehensive repair solutions that restore vehicles to manufacturer standards through advanced equipment, certified repair processes, and a nationwide network of service centers.
Property Facts
| Price | $2,853,840 CAD | Building Class | C |
| Price Per SF | $237.82 CAD | Lot Size | 1.00 AC |
| Sale Type | Investment NNN | Rentable Building Area | 12,000 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2005 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 11 |
| Zoning | C | ||
| Price | $2,853,840 CAD |
| Price Per SF | $237.82 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 12,000 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| No. Drive In / Grade-Level Doors | 11 |
| Zoning | C |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14012-08005-00000 | Improvements Assessment | $1,870,033 CAD |
| Land Assessment | $268,553 CAD | Total Assessment | $2,138,586 CAD |
Property Taxes
Parcel Number
14012-08005-00000
Land Assessment
$268,553 CAD
Improvements Assessment
$1,870,033 CAD
Total Assessment
$2,138,586 CAD
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1075 Lyons Ln
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