Caliber Collision Auto
New
For Sale
$7,460,733
1645 W Hubbard Rd, Meridian, ID 83642
Caliber Collision occupies the property under an absolute net lease with a 15-year term.
Property Size16,100 SF
Price / SF$463.40
Days on Market2
Property Features for 1645 W Hubbard Rd
General Information
Standard status
Active
Size
16,100 SF
Property subtype
Auto Service - Gas-Conv
Lease Type
Absolute Net
Amenities
15-Year Absolute Net Lease with Zero Landlord Responsibilities, Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Option Periods. Brand New 2027 High Quality Construction.
Caliber Collision is the Nation's Largest Collision Repair Provider, with More than 1,800 Convenient Locations in 41 States - and Growing - Backed by a Written, Lifetime Warranty on All Repair Work.
Dominant Leadership: Hellman & Friedman, a Highly Experienced Private Equity Firm Founded in 1984 with Over $25 Billion of Total Assets, Is the Majority Owner of Caliber Collision after the Merger.
Strategically Positioned along Hubbard Road near Linder Road, Serving Expanding Meridian–Kuna Neighborhoods with Connectivity to Meridian Road, Interstate 84, and Major Treasure Valley Employment Centers.
Minutes from Costco's new 200,000-Square-Foot South Meridian Warehouse, scheduled to Open November 2026 at Lake Hazel and Meridian Roads, Creating a Major Regional Shopping Destination.
Kuna's Population Reached 31,525 in 2025, Increasing 30.8% since 2020 and Expanding the Residential Customer Base for Automotive Services throughout the South Treasure Valley Market.
Micron's Planned two-fab Idaho Expansion is Expected to Create 17,000+ Jobs, Complementing Meta's Operational $1.2 Billion Kuna Data Center and Supporting Regional Housing Demand and Consumer Spending.
Located within Monarch Landing, a new 10-lot Commercial Development at Hubbard and Linder Roads, Positioned to Benefit from Complementary Businesses and Surrounding Residential Growth.
Building Details
Building Size
16,100 SF
Year Built
2027
Tenancy
Single
Listing Agency:
Marcus & Millichap - Denver
Listed By:
Adam Lewis · License #License(s) ID: DB54599
(303) 328-2000
Source:
Marcusmillichap
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Denver
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 16,100-square-foot auto shop at 1645 W Hubbard Rd in Kuna is associated with Caliber Collision. The property is described as having a 15-year absolute net lease and 2027 construction, with a 6.00% cap rate.
Key Highlights
- 16,100‑square‑foot auto shop
- Caliber Collision tenant
- 15‑year absolute net lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$229,556
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,591,120
$4.6M
Cap Rate 7%
$3,279,371
$3.3M
Cap Rate 9%
$2,550,622
$2.6M
Market Conditions
NOI Build-Up for 16,100 SF
Gross rent
$347.8K $21.60/SF
− Vacancy
−$19.8K −$1.23/SF
EGI
$327.9K $20.37/SF
− OpEx
−$98.4K −$6.11/SF
NOI
$229.6K $14.26/SF
Area
Meridian, ID
Vacancy
5.70%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,591,120
Cap Rate 7%
$3,279,371
Cap Rate 9%
$2,550,622
Alternative Uses
Best Use
Retail
$3.28M
$2.87M – $3.83M
NOI $229,556 @ 7.0% cap · market cap 3.08%
Second Best
Industrial
$1.54M
$1.34M – $1.79M
NOI $107,482 @ 7.0% cap · market cap 1.44%
Theoretical Best
Office A
$4.25M
$3.72M – $4.96M
NOI $297,412 @ 7.0% cap · market cap 3.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83642, ID
55,465
Population
22,700
Households
2.4
Avg Household Size
35
Median Age
44%
College-Educated
95%
High-School Grad
41.5 sq mi
ZIP Area
1,337
Density / Sq Mi
$96,361
Median Household Income
$45,824
Median Earnings
$1,629
Median Rent
$492,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Kunas Small Engine — 2219 N Doe Ave, Kuna, ID 83634
- Scuderi Mobile Windshield Repair & Replacement LLC — 2542 n greenville ave, kuna, id 83634
- Elvis Towing And Cores — 3009 N Rapid Creek Way, Kuna, ID 83634
Frequently Asked Questions
What type of property is this?
Auto shop - Caliber Collision occupies the property under an absolute net lease with a 15-year term.
Where is this auto shop located?
The property is located at 1645 W Hubbard Rd Meridian, ID.
What is the asking price?
The asking price for this property is $7,460,733.
What are key features of this property?
This property features: 16,100‑square‑foot auto shop; Caliber Collision tenant; 15‑year absolute net lease
