Caliber Collision | Jacksonville, FL
Sands Investment Group is Pleased to Exclusively Offer For Sale a Absolute NNN Automotive Asset Located at 2079 Mayport Road, Jacksonville, Florida. This Property Features a Trophy Location Less Than 2-Miles From the Beach. With Approximately 11 Years Remaining, This Property Offers an Investor Long-Term Security With Zero Landlord Responsibilities. The Lease Features Strong 10% Rental Increases Every 5 Years Offering an Investor a Hedge Against Inflation. With Zero Landlord Responsibilities, Strong Rental Increases, a Trophy Location Within an Income Tax Free State & the Country’s Largest Collision Repair Provider as Tenant, This Asset Provides a Safe and Passive Income Stream With Growth Into the Future.
BEST IN CLASS INVESTMENT
- Long Term Lease – Approximately 11 Years Remaining
- Absolute Triple Net (NNN) – Zero Landlord Responsibilities
- Strong Rental Increases – 10% Every 5 Years Including Throughout Each Two By Five Year Extensions
- Property Qualifies For IRS Accelerated Depreciation
- New Construction (2017)
HIGH QUALITY NATIONAL TENANT
- The Largest Collision Repair Company in the Country With Over 1,400 Locations in 40 States
- Recession, Pandemic and E-Commerce Resistant Tenant Providing a Safe Investment
- The Recent Merger With Abra Reinforced Caliber Collision’s Leadership in the Industry With Approximate Annual Revenue of $4 Billion
- Private Equity Firm, Hellman & Friedman is the Majority Owner After the Merger – Over $25 Billion of Total Assets
CORE INFILL TROPHY JACKSONVILLE LOCATION
- Located Less Than 2-Miles From the Beach and Within 15-Miles of Downtown Jacksonville
- Close Proximity to Auto Dealerships and Auto Repair Shops
- Located Within Several Miles of the Mayport Naval Station Which Includes 32,000 Family Members
- Dense Population Base – Over 107,006 People Within a 5-Mile Radius
- Strong Traffic Counts – Over 42,767 Vehicles Per Day on Mayport Rd
- Affluent Trade Area – Average Household Income Over $109,382 Within a 3-Mile Radius
In Cooperation With SIG RE Services, LLC Lic. # CQ1055229
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