Details
Caliber Collision in North Milwaukee, WI
6920 N 76th St, Milwaukee, WI
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.