Caliber Collision Portfolio

Lease Highlights

• Three-Property Caliber Collision Portfolio — Rare opportunity to acquire a three-property portfolio of established Caliber Collision facilities strategically located throughout Albuquerque, New Mexico, offering immediate scale within a single tenant and market.
• Consistent Corporate Tenancy & Lease Structure — All three properties are leased to Caliber Collision, providing investors with an established national collision repair operator across the portfolio.
• Strong Lease Guaranties — The leases are backed by Wand Newco 3, Inc., providing additional credit support behind Caliber’s lease obligations.
• Attractive Below-Market Rental Rates — The portfolio benefits from low contractual rents on purpose-built collision repair facilities, providing attractive occupancy costs for Caliber while creating potential long-term upside through future lease extensions and rental resets.
• 2% Annual Rental Increases Across the Portfolio — Each Caliber lease features 2% annual rental escalations, providing predictable contractual income growth throughout the remaining primary terms and extension periods.
• Aligned Lease Expirations & Extension Options — The properties feature substantially aligned lease structures, with stated expirations in June 2029 and one five-year extension option, providing investors with a coordinated opportunity to address future renewals across the portfolio.
• NN+ Lease Structures with Limited Day-to-Day Landlord Responsibilities — Caliber is responsible for real estate taxes, insurance, utilities and the majority of maintenance and repair expenses across the portfolio, creating a relatively passive ownership structure while preserving landlord responsibility for certain structural and capital items.
• Portfolio or Individual Acquisition Opportunity — The properties are being offered both collectively and individually, providing investors the flexibility to acquire the entire Albuquerque portfolio or select individual assets based on investment objectives.
Strategic Albuquerque Market Coverage

Property & Location Highlights

• Strategic Albuquerque Market Coverage — The three locations provide Caliber with a diversified operating footprint throughout the Albuquerque market, including locations serving the Downtown, Alameda/North Albuquerque and eastern Albuquerque trade areas.
• Substantial Combined Real Estate Footprint — The portfolio contains approximately 36,257 SF of collision repair real estate based on the lease-stated building areas, providing meaningful scale across three established operating locations.
• Dense Surrounding Population Bases — Each property benefits from a substantial five-mile population, ranging from approximately 167,000 to 248,000 residents, providing each Caliber location with a sizable surrounding customer base.
• Strong Household Income Demographics — Five-mile average household incomes range from approximately $76,500 to more than $110,000, with the Alameda location benefiting from average household income exceeding $100,000.
• Strong Traffic & Visibility — Each location benefits from exposure to approximately 23,000–27,000 vehicles per day, providing consistent daily visibility and convenient accessibility for Caliber customers.
• Established Collision Repair Facilities — Each property is configured for automotive and collision repair operations, providing Caliber with the specialized building improvements, service capacity and vehicle storage necessary for continued operations.
• Additional Parking Capacity at Alameda — The Alameda facility benefits from a separately controlled adjacent parking parcel utilized for supplemental vehicle parking and storage, expanding the operational footprint available to Caliber.