Description

This Caliber Collision property presents a rare investment opportunity with a corporate-backed lease (Caliber Collision, supported by publicly traded CWD) and eight years remaining on the term. The lease structure is highly investor-friendly, with the tenant responsible for roof maintenance and minimal landlord obligations, making it ideal for passive income. Rent increases of 10% occur every five years, with the next adjustment scheduled for April 2028. The location is well-established, with the tenant successfully operating for seven years, and benefits from the national brand’s presence, as Caliber Collision operates over 1,800 locations across 41 states. Situated in the Roanoke MSA, Virginia, the property lies in a high-income area with an average household income of $84,000 within one mile and a dense infill market with a five-mile population of 90,399. The site is less than one mile from Roanoke College, which serves 2,000 students, and is near major employers including Kroger, Walmart, and Wells Fargo, reinforcing strong regional demand.