40360 La Quinta LnPalmdale, CA 93551

This exceptional investment opportunity presents a fee-simple ownership of a top-performing Caliber Collision center in Palmdale, California. Located at 40360 La Quinta Ln, 93551, this single-story, 20,015 square foot building sits on a 2.35-acre lot. Built in 2007 and renovated in 2018, the property boasts a 15-year net lease with a corporate guarantee from Caliber Collision, the nation's largest collision repair company. The lease, currently at 100% occupancy, includes annual rent bumps of 2% and a significant 10% increase at year nine, resulting in a remarkable 42.3% total rent growth over the primary term. The current asking price is $5,300,000, representing a price per square foot of $264.80 and a 5.10% cap rate with a current NOI of $270,279. The lease features two, five-year renewal options. This location consistently ranks in the 93rd percentile of all Caliber Collision centers nationwide based on customer visits, demonstrating exceptional performance and strong tenant commitment. The property benefits from a large population base exceeding 170,900 within a five-mile radius. This is a rare opportunity to acquire a high-performing, long-term net lease asset with substantial built-in rent growth.