For Sale
$3,029,000 | 6.50% Cap
1641 N Olden Ave, Ewing Township, NJ 08638
New OM Download
New OM Download
Broker of Record: Jeremy Halback | Bridgeline Real Estate LLC | NJ LIC# 2673298
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Single Tenant | 20,130 Square Feet |
7 Years | $196,888 |
Investment Highlights
Corporately Guaranteed
Lease is guaranteed by CH Hold Corp., the Delaware corporate parent of Caliber Collision, one of the largest collision repair operators in the U.S., adding credit support beyond the tenant entity.
Long-Term Absolute Net Lease
15-year initial term (commenced June 2018, runs through June 2033) plus (2) 5-year renewal options extending to June 2043. Tenant is responsible for structural, roof, HVAC, parking lot, taxes, insurance, and utilities.
Essential, Service-Oriented Use
Automotive body/collision repair is a non-discretionary, largely insurance-driven service business that is resistant to e-commerce disruption.
Built-In Rent Growth
10% rent escalations at the start of Lease Year 6 and Lease Year 11 of the initial term, and 10% at the start of each option period.
Dense, Affluent Trade Area
The surrounding 3-mile area is home to approximately 154,691 residents, providing a dependable customer base.
| Facility Type | Building Area (SF) | Years Remaining | Net Operating Income |
|---|---|---|---|
| Single Tenant | 20,130 Square Feet |
7 Years | $196,888 |
Overview
Peranich Huffman Net Lease Group is pleased to exclusively present Caliber Collision, located at 1641 N. Olden Avenue, Ewing Township, NJ (Mercer County). This single tenant offering provides investors the opportunity to acquire a corporately guaranteed automotive collision repair facility positioned along a well-traveled retail corridor in the Trenton, NJ market. The 20,130 SF facility serves the greater Ewing Township and Trenton community and benefits from consistent, insurance-driven demand for collision repair services.
Lease
The property is leased to Caliber Bodyworks of New Jersey LLC under an absolute net lease through June 2033, with (2) five-year renewal options extending potential occupancy through 2043. The lease features 10% rent escalations at the start of Lease Year 6 and Lease Year 11 of the initial term, and 10% escalations at the start of each option period, supporting longterm income growth.
Tenant
The lease is guaranteed by CH Hold Corp., the Delaware corporate parent of Caliber Collision, the largest collision repair company in the nation, with more than 1,800 locations across 41 states. The company is backed by Hellman & Friedman, Leonard Green, and OMERS, and filed confidentially for an IPO in July 2025. Caliber’s scale and essential, non-discretionary service model provide durable credit support and long-term income stability for investors.