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Caliber Collision | 15yrs Corp NNN w/ Incrs 742 Main St 16,832 SF Retail Building Chula Vista, CA 91911 $7,101,983 CAD ($421.93 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
- Part of New Retail Development | Prime Automotive Corridor |Interstate 805 (262,000 VPD) | New Housing Development
- NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In The Immediate Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a NNN lease, Caliber Collision investment property located in Chula Vista, California. The tenant, Caliber Collision recently signed a brand new, 15-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
16,832 SF
Year Built
2026
Construction Status
Under Construction
Price
$7,101,983 CAD
Price Per SF
$421.93 CAD
Cap Rate
5.50%
NOI
$390,623 CAD
Tenancy
Single
Building Height
1 Story
Zoning
ILP
Parking
23 Spaces (1.37 Spaces per 1,000 SF Leased)
Amenities
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Caliber Collision
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Caliber Collision | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 8
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Caliber Collision | 15yrs Corp NNN w/ Incrs | 742 Main St
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