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CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE 11515 Northpark Dr 16,100 SF 100% Leased Retail Building Gulfport, MS 39503 $9,701,644 CAD ($602.59 CAD/SF) 6% 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.
  • Walking Distance from Numerous Auto Dealerships and Auto Service Centers including Dodge, Jeep, Chrysler, Toyota, CarMax, Hyundai and many more.
  • Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
  • Located within Gulfport’s Industrial Hub - Surrounded by Numerous Established Distribution Centers, Industrial & Manufacturing Plants.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

EXECUTIVE SUMMARY

Brand New 2026 Construction | Near Numerous Auto Dealerships & Auto Service Centers | Minutes from Gulfport-Biloxi International Airport - Mississippi’s 2nd- Largest Airport | Within Gulfport’s Industrial Hub | Qualifies for Accelerated Depreciation | Recession-Resistant Concept
Mississippi Broker Of Record: William M. Davis | 5100 Poplar Ave., Ste. 2505 Memphis, TN 38137 | P: (901) 620-3626 | Lic #: B-15586 | Mickey.Davis@MarcusMillichap.com

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,100 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$9,701,644 CAD
Price Per SF
$602.59 CAD
Cap Rate
6%
NOI
$582,173 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.81 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Caliber Collision
  • Retailer
  • 16,100 SF
  • -
  • Triple Net
  • Mar 2041
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Caliber Collision Retailer 16,100 SF - Triple Net Mar 2041
  • Listing ID: 35996187

  • Date on Market: 2025-05-27

  • Last Updated:

  • Address: 11515 Northpark Dr, Gulfport, MS 39503

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