Caliber Collision

Overview

The subject property is occupied by Caliber Collision, a national auto body repair company with 1,800+ locations nationwide. This is a corporate guaranteed leaseAverage household income within a one-mile radius is $121,248The lease features very rare 3% annual rent increases which strongly help against inflationThe subject property features prominent frontage on Woodward Avenue, a major commercial thoroughfare with daily traffic counts of approximately 30,000+ vehicles in each direction. With over 60,000 vehicles passing by the site each day, this high-visibility location in Ferndale benefits from consistent exposure and serves as a key commuter route connecting Detroit and the greater metropolitan areaThe subject property is in proximity to several dealerships such as Ford, Buick GMC, Subaru, and HondaCaliber Collision is an e-commerce proof and recession proof tenantVacancy rate for this market is less than 4.5%