| Corporate guaranty — lease guaranteed by Wand Newco 3, Inc., parent of Caliber Collision, the largest collision repair operator in the U.S. |
| 2% annual rent increases — every year of the term and both renewal options, no flat periods. Yield grows to 7.50% by base-term expiration |
| Prime signalized corner — 8,246 SF on 0.87 acres with full drive-around access and 10 grade-level roll-up doors |
| Fronts South Creasy Lane at 26,282 VPD, 2,200 feet south of SR 26 & Creasy, the busiest intersection in Tippecanoe County at 32,069 VPD |
| Proven location — Caliber acquired the prior operator, Collision Express, at this site and leased the real estate to continue running it |
| Growth market — nearly $6 billion of announced investment across Greater Lafayette, led by SK hynix's $3.87 billion semiconductor plant |
Scott Gould
Marcus & Millichap
