Caliber Collision | Signalized Corner | Lafayette IN — Sale in Lafayette, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Lafayette, IN 47905

Photos

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Investment Figures

Cap rate
6.80%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Caliber Collision facility on South Creasy Lane, occupied under a corporate-guaranteed net lease executed in September 2022 in connection with Caliber’s acquisition of the prior operator, Collision Express. Investment Highlights: • Corporate guaranty — lease guaranteed by Wand Newco 3, Inc., parent of Caliber Collision, the largest collision repair operator in the U.S. with 1,800+ centers across 41 states • 2% annual rent increases — every year of the term and both renewal options, no flat periods. Yield grows to 7.50% by base-term expiration and 9.14% if both options are exercised • Prime signalized corner — 8,246 SF on 0.87 acres with full drive-around access and 10 grade-level roll-up doors. Fronts South Creasy Lane at 26,282 VPD, 2,200 feet south of SR 26 & Creasy, the busiest • True net lease — tenant pays all operating expenses. Caliber remodeled the building and added offices in 2023, modifying the HVAC system and taking on its maintenance in the process • Growth market — nearly $6 billion of announced investment across Greater Lafayette, led by SK hynix's $3.87 billion semiconductor plant and Caterpillar's $725 million engine center upgrade. Purdue University is 13 minutes west.

Market Context

This retail in Lafayette, IN is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Lafayette, IN — view the full market.

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