$7,300,000 USD
858-373-3184
210 289 loop
Lubbock, TX 79416
North By Northwest
HIGHLIGHTS
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Brand New 2026 High Quality Construction. Caliber Collision is the Nation’s Largest Collision Repair provider, with 1,800+ Convenient Locations.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Strategic Access to Major Regional Transportation Routes - Convenient Access to Marsha Sharp Freeway, Loop 289, and U.S. Highway 84.
- Minutes from Texas Tech University - The Main Institution of the Four-Institution Texas Tech University System.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
OVERVIEW
Caliber Collision | 15 Year Absolute Net Lease | Brand New 2026 Construction | Prime Hwy 289 Frontage | Densely Populated Area | Minutes from Texas Tech University | Immediate Area Experiencing Major Growth | Near Numerous Auto Dealerships and Auto Service Centers | Qualifies for Accelerated Depreciation | Recession Resistant Concept
FOR SALE DETAILS
PRICE
$7,300,000 USD
PRICE/SF
$416 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CALIBER COLLISION | 15 YEAR ABSOLUTE NET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair, Service Station, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.92 AC
LAND SF
127,195 SF
ZONING
-
APN/PARCEL ID
R318692
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858-373-3184
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858-373-3184
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