Investment Property Rancho. Cordova Peter Winterling 916-367-6345 pmw@newmarkccarey.com CA RE License #00992375
Offering Summary Offering Price $2,300.000 Occupancy 100% Building Address City 11230 Trade Center Drive Rancho, Cordova, CA Zip Code 95670 Property Type Site Size Industrial 1.108 Acres Assessor Parcel # 072-0240-011 Zoning M-1 Tenant Scheduled Income Lease Type Caliber Bodyworks Inc, Corporate Guaranteed Lease - CH Hold Corp. $12,646 18 /Month with 2% annual escalations Net Lease with landlord responsibility limited to Capital expenses for roof and structural Cap Rate 6.30% Building Size 11,972 SF Year Constructed 1996 Construction Type Foundation Concrete Tilt Up / Wood frame Concrete Slab
Investment Highlights Stable Income Caliber Collision and it s predecessor have continually occupied the building as a Collision Center since the building was constructed in 1996. Caliber Collision just exercised an extension option showing their commitment to this area and site through May of 2025 (7+ years remain on lease) Strong Tenant - Caliber Collision / www. CaliberCollision.com Founded in 1997, Caliber Collision provides auto body repairs to customers across 17 states and over 500 locations, with over 4,000 employees. They are the largest non-franchised collision repair center operator in the nation and consistently rank as having one of the highest customer satisfaction scores in the industry. In 2011, Caliber Collision moved its company headquarters from Irvine, California to Lewisville, Texas (Dallas/Fort Worth). The company provides state-of-the-art technology, a 24/7 Customer Service Center, frequent status updates on your car, fair and accurate estimates and the promise of an on-time delivery are some of the differences that make Caliber Collision the most direct route to your car s complete recovery. Every year, over 200,000 people across the nation entrust their vehicles to Caliber for unparalleled collision repair. The company repairs more than 450,000 vehicles annually. Caliber Collision is I-Car Gold Class Certified, the Gold Class recognition is the highest role-relevant training achievement recognized by the collision repair industry. It is estimated that only 10% of repair shops currently meet the rigorous Gold Class standard. Caliber Collision has undergone rapid recent growth through aggressively acquiring various local auto body repair shops. Caliber Collision has developed strategic partnerships with 57 car dealerships throughout the U.S. in addition to 34 insurance carriers which include AAA, GEICO, Farmers, Liberty Mutual, Allstate, and USAA. Caliber Collision was the only company to receive the 2014 Supplier Excellence Award from USAA. According to the company, this award recognizes a supplier that serves as a role model and goes above and beyond in delivery and performance for USAA and its members. Caliber Collision was awarded the Farmers Insurance 2015 National MSO of the year award for outstanding operational and customer satisfaction management. desirable Location The subject property is well located in the Sunrise Corridor with close proximity to Hwy 50 as well as many nearby amenities. The Sunrise area is consistently one of the regions strongest Industrial areas, with a very low vacancy factor of under 4.50%.
Tenant map Folsom Blvd Folsom Blvd Trade Center Drive Sunrise Blvd N
Aerial map Trade Center Drive Sunrise Blvd N
site Plan TRADE CENTER DRIVE GATE OFFICE SHOP CITRUS RD GATE
floor Plan STORAGE EQUIPMENT SHOP STORAGE STORAGE
location map 5 99 80 Folsom 50 Rancho Cordova Sacramento 80 50 16 99
In the news Caliber Collision Opens 500th Location Newest Center for Largest Collision Repair Company Located in Ft. Worth Texas LEWISVILLE, TX (June 2, 2017) Caliber Collision Centers, the largest collision repair company in the U.S., celebrated a major milestone in the company s history with the opening of its 500th location in Ft. Worth, Texas this week. Caliber Collisions 500 centers are located across 17 states and the District of Columbia. The continued growth of our company is a direct result of the dedication of our 10,600 teammates to restore the rhythm of life for our customers, teammates, partners and the communities we serve, said Steve Grimshaw, Caliber Collision Chief Executive Officer. Their commitment to serve while exceeding our customer expectations is what fuels our continued growth across the U.S. as we become the collision repair provider of choice in every community we serve, said Grimshaw. Caliber s commitment to serve also includes community involvement programs like the Caliber Rhythm Restoration Food Drive which annually raises millions of meals to feed children during summer months. Through its Recycled Rides program, Caliber teammates donate personal time to repair and gift vehicles to families in need of reliable transportation. Over the past five years, Caliber has gifted more than 150 cars to primarily, active military and veteran families, across the U.S. As part of the company s commitment to support military service members, Caliber recently launched its Changing Lanes program, the first and only program that provides soldiers transitioning from active duty to civilian life with no cost training for a rewarding career in the collision repair industry. We are proud and humbled reaching this 500-location milestone, and thank our customers, business partners, and teammates who have all contributed to the continued success of our company, said Mark Sanders, Caliber Collision Centers President and Chief Operating Officer. About Caliber Collision Centers Caliber Collision Centers is the largest collision repair company in America with 500 I-CAR Gold Class Professional certified collision repair centers across 17 states including Arizona, California, Colorado, Delaware, Florida, Georgia, Maryland, Nevada, New Jersey, New Mexico, North Carolina, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia, West Virginia and the District of Columbia. Caliber is consistently ranked among the highest customer satisfaction scores in the industry and backs all repair work with a written, lifetime warranty available at any of its repair centers.
Peter Winterling Senior Managing Director 916-367-6345 pmw@newmarkccarey.com CA RE License #00992375 3005 Douglas Blvd. Suite 130 Roseville CA The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice. 17-1378.10/17