Savage (Caliber Collision)
8533 Highway 101 W, Savage, Minnesota
The Caliber Collision Building is a single-tenant, 8,404 sq.ft. commercial building located at 8533 Highway 101 West in Savage, Minnesota, one mile east of the interchange of Highways 13 and 169 and 21 miles southwest of downtown Minneapolis.
The building is currently leased to Caliber Collision, a leading automotive collision repair company founded in 1997. Headquartered in Irving, Texas, and operating over 1,700 locations across the U.S., Caliber Collision has announced plans to expand its number of locations in the coming years. Caliber Collision is a subsidiary of Hellman & Friedman, one of the oldest and most experienced private equity investment firms operating today. Founded in 1984. Hellman & Friedman has offices in San Francisco, New York, and London.
The building is in a major retail corridor off Highway 13/Sioux Trail with 53,000 vehicles per day.
The property enjoys excellent access to the area’s transportation infrastructure having quick and easy access to Highway 169 which feeds into Interstates 94, 394 and 494 in the Minneapolis area. Highway 13 access Interstate 35W to the east.
The building was built in 1977.
The building sits on 1.05 acres in Zoning District PUD (Planned Unit Development).
The building is served by 24 asphalt parking spaces, including 1 ADA space, with a dedicated entrance off Highway 101 W to the north and 123rd Street W to the south.
Savage, Minnesota, is approximately 21 miles southwest of downtown Minneapolis. The city has experienced significant growth in the past two decades, transforming from a small community into a thriving suburb with one of the Twin Cities’ highest median incomes. Savage’s strategic location near major transportation routes provides convenient access to the greater Minneapolis-St. Paul metropolitan area. The local is robust, with a diverse mix of key industries, including health care, manufacturing, retail trade and social services. The greater Minneapolis area has a stable economy supported by finance, healthcare, technology, manufacturing, retail and hospitality. The finance sector includes national and regional banks, investment firms and insurance companies. Healthcare includes hospitals, clinics and research facilities while the technology sector is driven by software development, IT services and digital marketing activity from both startups and established companies. The largest employers in the Minneapolis area are the Mayo Clinic (51,000 employees), Tagert Corp (35,000 employees), General Mills (35,000 employees), Fairview Health Services (36,865 employees) and University of Minnesota (27,875 employees).
For more information, please contact
John Mezger
Tower Investments, LLC
250 W. Main St., Suite 101
Woodland, CA 95695
(530) 668-1000 – telephone
(530) 666-5574 – facsimile
johnmezger@towerinv.com
www.towerinv.com