Caliber Collision

For Sale

1274 Central Park Drive, O'Fallon, IL 62269

This O'Fallon property for sale is located at 1274 Central Park Drive. The current listed sale price for Caliber Collision is $3,965,517. Caliber Collision is situated on a lot that is 2.47 acre in size.

Contacts

broker

Justin Stark

CP Partners

Property Details

  • Property Type Retail
  • Property Size 19,288 SF
  • Lot Size 2.47 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1999
  • Date Updated Jul 12, 2024
-Strategically located site adjacent to over 16 major car dealerships creating significant operational synergies for Caliber Collision. Brand new, 15-year corporate lease to the nation's largest collision repair provider. Absolute NNN lease structure - zero landlord maintenance or expense responsibilities. A high visibility site, with direct exposure to I-64 which sees traffic of over 72,000 VPD.

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Highlights

  • Brand new 15-year corporate lease to the nation’s leading collision repair provider
  • Absolute NNN lease structure - zero Landlord maintenance or expense responsibilities
  • Caliber Collision recently extended the lease for 15 years, with fixed 10% rental increases
  • The subject property operates both Caliber Collision and Caliber Auto Glass generating multiple revenue streams
  • Low entry point basis with strong underlying real estate fundamentals - low occupancy cost relative to alternative Caliber Collision properties
  • Corporate guaranty: Wand NewCo 3, Inc.
  • Longstanding & proven location - the subject location has performed across multiple economic cycles and the tenant has shown long-term commitment to the site

Attachments

Getting around

  • 26/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City O'Fallon, IL
  • Neighborhood O'Fallon
  • Zip Code 62269
  • Market St Louis

Points of Interest

  • Swansea

    4.23 miles

  • Memorial Hospital

    4.55 miles

  • Belleville

    4.70 miles

  • College

    4.79 miles

  • Shell

    0.57 miles

  • Sam's Club

    0.88 miles

  • Circle K

    0.95 miles

  • Motomart

    1.06 miles

  • Gas Station

    1.41 miles

  • Hucks

    2.64 miles

  • MotoMart

    3.52 miles

  • MotoMart

    3.52 miles

  • BP

    4.50 miles

  • Motomart

    4.51 miles

  • Garden Ridge Parking

    0.24 miles

  • Hardee's Parking

    0.75 miles

  • OTHS Parking

    2.00 miles

  • OTHS Faculty Parking

    2.06 miles

  • OTHS Weber Field Parking

    2.21 miles

  • O'Fallon Park and Ride

    3.46 miles

  • Metro Link Long Term Parking

    4.85 miles

  • Rental Car Lot

    7.21 miles

  • Madison County Transit - Park and Ride

    9.22 miles

  • Syberg's

    0.45 miles

  • Buffalo Wild Wings

    0.47 miles

  • The Egg and I

    0.53 miles

  • Texas Roadhouse

    0.53 miles

  • Subway

    0.55 miles

  • Steak 'n Shake

    0.56 miles

  • IHOP

    0.64 miles

  • Hardee's

    0.76 miles

  • 54th Street Grill and Bar

    0.88 miles

  • St Louis Bread Company

    0.89 miles

  • Dierbergs

    1.07 miles

  • Target

    1.09 miles

  • Walmart Supercenter

    1.14 miles

  • Schnucks

    2.16 miles

  • Schnucks

    2.28 miles

  • JCPenney

    2.38 miles

  • Sears

    2.40 miles

  • St Clair Square

    2.42 miles

  • Macy's

    2.49 miles

  • Kohl's

    2.64 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Justin Stark

CP Partners