The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant net leased Caliber Collision property located at 3593 NY 31 in Baldwinsville, New York for $4,348,600.
Featuring a 15-year, corporately guaranteed lease with Caliber Collision, the largest U.S. collision repair chain with 1,400+ locations, this property includes a 13,625 sq ft automotive building on 3.78 acres. With zero landlord responsibilities and 10% rent bumps every 5 years, it’s strategically located at the corner of Route 31 and Oswego Rd (33,000-VPD). Within 1.5 miles of major retailers and services, and in the Syracuse MSA with over 660,000 residents, it’s also just 12 miles from Syracuse University, boasting average household incomes over $90,000 within 5 miles.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the buyer in the transaction. The buyer was Midwest based and in a 1031 exchange. The seller was a southeast based developer.
Caliber Collision stands as the preeminent collision repair chain in the United States, distinguished by its unparalleled service and extensive network of over 1,400 locations. Renowned for its commitment to quality craftsmanship and customer satisfaction, Caliber Collision consistently delivers superior automotive repair solutions. With a focus on innovation and industry-leading expertise, Caliber Collision sets the standard for excellence in collision repair, providing peace of mind to countless customers nationwide.
“Caliber’s leading position within the collision sector attracted the buyer.” said Randy Blankstein, President of The Boulder Group. Jimmy Goodman, Partner of The Boulder Group, added, “This location benefits from its proximity to several car dealerships.”
About The Boulder Group
The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $9 billion of single tenant net lease real estate transactions. From 2013-2023, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago. www.bouldergroup.com
Media Contact
Company Name: The Boulder Group
Contact Person: Randy Blankstein
Email: Send Email
Phone: 8478816388
Address:3520 Lake Avenue Suite 203
City: Wilmette
State: Illinois
Country: United States
Website: https://www.bouldergroup.com/NNN-Properties-For-Sale.html