Single-Tenant Collision Repair
1840 Boston Avenue Longmont, CO 80501
1840 Boston Avenue, Longmont, CO, 80501
Contact for pricing
For Sale
Contact for pricing
Leased NNN collision repair site with an established operator and convenient access to major regional roadways.
Property Size19,670 SF
Price / SF$210.98
Days on Market54
Property Features for 1840 Boston Avenue
General Information
- Standard status
- Active
- Size
- 19,670 SF
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 1996
Listing agency
Blue West Capital
(949) 270-8210
Listed by
Sam Crowe · License #FA100069540
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:52PM Checked: Jul 19 at 9:50AM
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 Blue West Capital
Investment Insights
Based on property information with market context.
This single-tenant automotive collision repair facility is offered for sale under a triple-net lease structure. The property is leased to Caliber Bodyworks of Colorado, Inc., a subsidiary of Caliber Holdings Corporation. The facility is dedicated to collision repair and is positioned to support an ongoing, service-oriented tenant operation.
The property is located in Longmont, Colorado, near the signalized intersection of Boston Avenue and S Hover Street. The surrounding retail area includes Target, The Home Depot, King Soopers, Sam’s Club, At Home, and Discount Tire. Regional access is supported by U.S. Highway 287, State Highway 119, and Interstate 25.
For investors seeking a stabilized, single-tenant automotive asset with NNN responsibilities, this offering provides a straightforward leasing structure centered on a specialized collision repair use. For tenant and operator considerations, the site’s configuration supports an ongoing repair workflow and is situated within a busy commercial retail corridor with nearby national retailers and convenient highway access.
The property is located in Longmont, Colorado, near the signalized intersection of Boston Avenue and S Hover Street. The surrounding retail area includes Target, The Home Depot, King Soopers, Sam’s Club, At Home, and Discount Tire. Regional access is supported by U.S. Highway 287, State Highway 119, and Interstate 25.
For investors seeking a stabilized, single-tenant automotive asset with NNN responsibilities, this offering provides a straightforward leasing structure centered on a specialized collision repair use. For tenant and operator considerations, the site’s configuration supports an ongoing repair workflow and is situated within a busy commercial retail corridor with nearby national retailers and convenient highway access.
Key Highlights
- Single‑tenant automotive collision repair facility built in 1996 in Longmont, Colorado
- Leased to Caliber Bodyworks of Colorado, Inc., a subsidiary of Caliber Holdings Corporation
- Triple‑net (NNN) lease structure provides stable income
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $354.1k | $18.00 |
| − Vacancy | −$36.5k | −$1.85 |
| EGI | $317.6k | $16.15 |
| − OpEx | −$95.3k | −$4.84 |
| NOI | $222.3k | $11.30 |
19,670 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.18M
$2.78M – $3.71M
NOI $222,314 @ 7.0% cap · market cap 5.36%
Second Best
Industrial
$2.51M
$2.19M – $2.92M
NOI $175,381 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office B
$3.58M
$3.14M – $4.18M
NOI $250,940 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Caliber Collision
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- ATM (Diamond Shamrock) — 680 Frontage Rd, Longmont, CO 80501
- Auto appearance center — 633 frontage rd b, longmont, co 80501
- Elite Powersports — 645 Frontage Rd, Longmont, CO 80501
- Firestone Complete Auto Care — 940 S Hover St, Longmont, CO 80501
- Automotive Authorities — 623 Frontage Rd #1, Longmont, CO 80501
FAQs
What type of property is this?
Auto shop - Leased NNN collision repair site with an established operator and convenient access to major regional roadways.
Where is this auto shop located?
The property is located at 1840 Boston Avenue Longmont, CO.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: Single‑tenant automotive collision repair facility built in 1996 in Longmont, Colorado; Leased to Caliber Bodyworks of Colorado, Inc., a subsidiary of Caliber Holdings Corporation; Triple‑net (NNN) lease structure provides stable income
