Caliber Collision Anchored Net Lease Portfolio

SVN | Second Story is pleased to present the opportunity to acquire 601–603 Lake Way Place, a multi-building net lease investment totaling ±17,800 SF on 2.57 acres in Tullahoma, Tennessee. The property features a long-term Caliber Collision tenancy occupying the industrial buildings and a portion of the office building, complemented by a second office tenant and a vacant storage building offering additional value-add potential. With in-place income, multiple building configurations, and additional land providing future storage or expansion opportunities, the property offers a compelling combination of stable cash flow and upside. The property is strategically located within Coffee County and the established I-24 Corridor. Approximately 75 miles southeast of Nashville, 75 miles northwest of Chattanooga, and 60 miles northeast of Huntsville, Tullahoma provides access to Middle Tennessee’s broader industrial and commercial markets while maintaining a lower-cost alternative to larger metropolitan locations. The property’s multi-building configuration, ample acreage, and proximity to the I-24 corridor make it well suited for industrial, automotive, storage, and service-oriented users.7.2% cap rate on a corporate Caliber Collision lease with 7 years of remaining term and 2% annual increases through two 5-year options, plus two low-capital value-add opportunities targeting an estimated 9.32% stabilized yield in year 2.