8026 Forsythia St - Auto Repair FOR SALE


Middleton, WI 53562- Outer Middleton
$5,924,000 USD
760-448-2449
8026 Forsythia St, Middleton, WI for Sale
$5,924,000 USD
Auto Repair - FOR SALE
1/11
null | 6% Cap Rate

8026 Forsythia St
Middleton, WI 53562
Outer Middleton


HIGHLIGHTS

  • Strong Corporate Lease Guaranty from Wand Newco 3, Inc. – $7.5 Billion Estimated Annual Revenue (2024) – Nation’s Largest Auto Collision Repair
  • 8 Years Remaining on Absolute NNN Lease – No Landlord Responsibilities – 10% Rent Increases Every 5 Years
  • High-Quality 2019 Built-to-Suit Facility – Modern Construction Designed for Caliber Collision’s Operational Requirements
  • Excellent Visibility and Regional Access – Located Adjacent to US Highway 12 (45,950 VPD) – Directly Across from Middleton Municipal Airport
  • Strategic Location Within the Madison MSA – Middleton, One of the Madison Area’s Most Desirable and Fastest-Growing Communities
  • Established Commercial Corridor – Diverse Mix of Industrial, Office, Retail, Multifamily, and Research and Development – Home to Numerous Corporate HQ

OVERVIEW

The property consists of an 18,109 square foot built-to-suit collision repair facility completed in 2019 on 2.69 acres. The asset is leased to Caliber Collision, the nation's largest collision repair company, under an absolute NNN lease backed by a corporate guaranty from Wand Newco 3, Inc., providing investors with zero landlord responsibilities and stable long-term cash flow. The lease features 10% rent increases every five years, approximately eight years of remaining primary term, and two five-year renewal options, offering attractive built-in income growth.

FOR SALE DETAILS

PRICE

$5,924,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Collision

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

2.69 AC

LAND SF

117,135 SF

ZONING

PDD

APN/PARCEL ID

0708-034-4265-2,0708-034-4280-2

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.