Caliber Collision

• The property is 100% occupied by Caliber Bodyworks of New Mexico, Inc., providing investors with an established collision repair operator and corporate tenancy.
• Caliber’s obligations under the primary lease are guaranteed by Wand Newco 3, Inc., providing additional credit support throughout the lease term.
• Caliber’s current building rent of approximately $11.18/SF provides an attractive occupancy cost for the tenant and creates potential long-term upside through a future lease extension and rental reset.
• Contractual 2% annual rent increases provide consistent income growth throughout the remaining primary term and extension period.
• Caliber maintains one five-year option to extend, providing the potential for continued occupancy beyond the current June 2029 expiration.
• In addition to the fee-simple collision repair facility, ownership benefits from a long-term leasehold interest in an adjacent parking parcel with approximately 70 years of remaining control, providing supplemental vehicle parking and storage critical to Caliber’s operations.
• Caliber is responsible for real estate taxes, insurance, utilities and the majority of maintenance and repair expenses, limiting ownership’s day-to-day operating responsibilities.
• The property benefits from a substantial surrounding customer base of approximately 172,551 residents within a five-mile radius, supporting continued demand for automotive and collision repair services.
• Average household income of approximately $101,198 within five miles demonstrates strong purchasing power throughout the property’s surrounding trade area.
• Nearly 27,000 Vehicles Per Day — The property benefits from exposure to approximately 26,884 vehicles per day, providing strong daily visibility and convenient accessibility for Caliber’s customer base.