CALIBER COLLISION – GLEN CARBON, IL

HIGHLIGHTS:

• Corporate Guaranty from Caliber Collision (1,700+ Locations) – Caliber Collision is the nation’s largest collision repair provider with 1,700+
  I-CAR Gold Class Professional certified collision repair centers across 41 states. With 2022 revenues exceeding $5.7 Billion, Caliber Collision corporately guarantees this lease behind a strong private equity backing from majority owner, Hellman & Friedman ($25 Billion of total assets under management). Caliber Collision was recently upgraded by Moody’s Credit Rating to a “B2” rating and has a Standard & Poor’s “B” Rating.
• Early 5-Year Lease Extension – Showing commitment to the site, Caliber just extended their lease early for an additional, 5-year term. Caliber had an original, 10-year lease and has one, five-year option remaining. The lease features 6.50% rental increases every five years, with the next to occur in the next option period.
• Affluent St. Louis Submarket – The location in Glen Carbon benefits from its proximity to St. Louis, which lies less than 15 miles outside of the
  city. The area also boasts a very strong average household income exceeding $142k per household.
• Strong Surrounding Retail – The subject property is located less than a half-mile from the Edwarsville Marketplace and Edwardsville Crossing.
  There is a strong presence of national retailers including: Walmart Supercenter, Target, Sam’s Club, Schnucks, Aldi, Home Depot, Lowe’s, Office Max, Kohl’s, TJ Maxx, Old Navy, Michael’s, Ashley, Goodwill, Petco, PetSmart, Walgreens, CVS, McDonald’s, Taco Bell, Panera, KFC, and more.

EXCLUSIVELY LISTED BY:

DOMINIC SULO
Senior Managing Director Investments
Senior Director, Net Lease Properties Division
(630) 570-2171
dominic.sulo@marcusmillichap.com

DREW ANTONIOU
Senior Associate
(630) 570-2185
drew.antoniou@marcusmillichap.com

ILLINOIS BOR
Steven Weinstock
Lic #471.011175