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Caliber Collision

Wesley Chapel, Florida

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NNN Pro Group is pleased to present the exclusive listing for a Caliber Collision located at 27358 Centerline Dr in Wesley Chapel, Florida. The site consists of roughly 16,900 rentable square feet of building space and sits on 2.49 acres. The current annual rent is $359,972, which is scheduled to increase by 10% every five years throughout the base term and continuing through the two (2), five (5)-year tenant renewal options.

✓ Built to Suit For Caliber Collision in 2019
✓ Property Located In Income Tax Free State
✓ Brand New 15 Year NNN Lease Signed in 2019 | +/- 11 Years Remaining
✓ Rental Increases of Ten Percent (10%) Every Five (5) Years Throughout the Initial Term & Renewal Options
✓ Corporate Lease Guaranty | Over 1,700 Locations Nationwide True Triple Net | Zero Landlord Responsibilities
✓ Tenant Renewal Options: Two (2) Periods of Five (5) Years, Bringing the Potential Remaining Lease Term to Over 21 Years

Key Details

Price:
$6,091,830
Cap Rate:
6.50%
Annual Rent:
$395,969
Address:
27358 Centerline Dr, Wesley Chapel, Florida 33544
Lease Type:
Triple Net (NNN)

Original Lease Term:
15 Years
Lease Commencement:
August 12, 2019
Lease Expiration:
August 30, 2034
Lease Term Remaining:
+/- 10.5 Years
Rental Increases:
10% Every 5 Years
Lot Size:
2.49 Acres
Building Size:
16,900 SF
Year Built:
2019
Tenant:
Caliber Collision

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Richard Nardi

License: 10401294015

Broker of record

Brian Brockman

Bang Realty-Naples Inc.

License: BK3327646


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