Caliber Collision | SF Bay Area
$4,800,000
521 Wilbur Avenue, Antioch, CA 94509
6.28
Cap Rate
22,970 sqft
Building Size
Details:
Highlights:
- Passive Double - Net Lease - Landlord Responsible Roof and Structure
- Only Caliber Collision in Antioch (Second Largest City in Contra Costa County)
- 6.28% - Average Cap Rate Over Remaining Term
- Eleven (11) Years Remaining on Original 15-Year Lease, with Two (2) 5-Year Options to Extend
- Redeveloped in 2021 to the Specifications of Caliber Collision
Description:
The Moroz Drake Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 521 Wilbur Avenue, a single-tenant net-leased (STNL) industrial investment opportunity located in the San Francisco Bay Area City of Antioch, California (second largest City in Contra Costa County).
The offering is comprised of a 22,970 square foot freestanding single-story industrial building that is fully leased to Caliber Collision on a NN lease until February 2036 providing stable passive cash-flow. The building which was originally developed in 1982 was extensively renovated to the specifications of Caliber Collision in 2021. This the only Caliber Collision in Antioch with nearest locations located 11.9 miles away in Brentwood and 19.6 miles away in Concord.
The offering represents a rare opportunity to own a well maintained, passive net-leased investment and the only Caliber Collision in the second largest City in Contra Costa County.
Documents:
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521_Wilbur_Ave_-_OM__e__05.25.pdf
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Location
Gallery
