M&A
confidence high
sentiment neutral
materiality 0.30
Medalist discloses $5.8M Overland Park Caliber Collision buy and $86.7M of 2025-26 property sales
Medalist Diversified, Inc.
- Overland Park Property (14939 Metcalf Ave, Kansas): ~16,100 sq ft Caliber Collision building on 1.64 acres, acquired July 29, 2026 for $5,800,000 plus $66,285 costs, funded from cash on hand.
- Property revenue was $191,635 for the six months ended June 30, 2026 (unaudited) and $383,269 for full-year 2025; certain operating expenses were zero under the absolute net lease.
- Caliber Holdings LLC (Caliber Collision, 1,800+ locations in 41 states) is sole tenant at 100% of rental revenue; minimum future rents total $4,737,530, incl. $3,089,819 after 2030.
- Pro forma for eight dispositions totaling ~$86.7M (Salisbury $9.93M through Brookfield $10.1M) plus the Overland Park buy: mortgages payable fall to $4.77M from $9.04M, equity rises to $45.48M.
- Tesla Pensacola DST deconsolidated June 22, 2026 after selling 84.7% of Class 1 interests for ~$6,777,444; 100% sold by Sept 1, 2026 for ~$7,983,278.