Details

Caliber Collision in North Milwaukee, WI

6920 N 76th St, Milwaukee, WI

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hIGHLIGHTS

Size:14,500 SF

Price:$1,042,758.00

CAP RATE:7.25%

NOI:$75,600.00

PROPERTY
OVERVIEw

DETAILS

• 14,500 SF building
• 0.89 Acre lot
• Year Built: 1972
• Lease Structure: NN
• Lease Commencement Date: 6/26/2015
• Lease Expiration Date: 6/30/2025
• Rent Escalation: 5% bump at each option
• Renewal Options: Three (3), (5) Five-Year Options
• Corporate Guarantee: Caliber Body Works of Wisconsin
• Landlord Responsibilities: Roof, Structure, and Parking Lot

InCommercial Property Group is pleased to offer the opportunity to acquire a Caliber Collision located in Northern Milwaukee, Wisconsin, within the Menomonee River Hills East neighborhood. The 14,500 SF subject property is being offered for $1,042,758 at a 7.25% cap rate and has a NN lease structure. Caliber Collision’s current lease runs through June 30, 2025 and has three, 5-year options remaining. Caliber Collision is the nation’s largest collision repair company with more than 1,100 convenient repair centers throughout 37 states after the merger with ABRA Auto Body Repair.

Location

Contact

Russ Kimzey

Vice President, Brokerage

(469) 964-3047

rkimzey@incommercialre.com

Brian Brockman

Bang Realty (License #701472)

(312) 243-0100

info@incommercialre.com