1075 Lyons Ln - Warehouse FOR SALE


Marion, IA 52302
$2,030,769 USD
513-300-0763
1075 Lyons Ln, Marion, IA for Sale
$2,030,769 USD
Warehouse - FOR SALE
1/8
null | 6.5% Cap Rate

1075 Lyons Ln
Marion, IA 52302


HIGHLIGHTS

  • Well-Below-Market Rent Basis: In-place rent of ~$11 PSF runs well under the the typical rent paid by Caliber, favoring long-term renewal and re-tenant
  • Recent Capital Improvements: The tenant invested nearly $800,000 into the building when they took over operations; current ownership also installed
  • High Barrier of Entry Market: Zoning restrictions continue to make it more difficult for Collision users and similar auto sectors to enter the market.
  • Fast-Growing, High-Income Trade Area: 122,000+ residents average household income over $100K within 3 miles one of Iowa's fastest-growing communities
  • Anchored by Major Aerospace Employer: On the Blairs Ferry Rd corridor serving Collins Aerospace (RTX), Cedar Rapids' largest employer.
  • Blairs Ferry Rd frontage (20,700+ VPD) within a dense retail node anchored by Target, Menards, Fleet Farm, and Michaels.

OVERVIEW

Based in Lewisville, Texas, Caliber Collision is the largest provider of automotive collision repair services in the United States. Founded in 1997, the company operates more than 1,800 locations across 41 states, offering collision repair, auto glass replacement, and vehicle calibration services. Caliber serves a broad customer base through partnerships with leading insurance carriers, fleet operators, and individual vehicle owners. With a workforce of more than 30,000 team members, Caliber Collision is committed to delivering high-quality repairs and exceptional customer service while investing in technician training and innovation. The company is recognized as an industry leader, providing comprehensive repair solutions that restore vehicles to manufacturer standards through advanced equipment, certified repair processes, and a nationwide network of service centers.

FOR SALE DETAILS

PRICE

$2,030,769 USD

PRICE/SF

$169 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

11

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

C

APN/PARCEL ID

14012-08005-00000

ASK ABOUT THIS PROPERTY

Brian BrockmanBang Realty, IncMore Info
513-300-0763

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Brian BrockmanBang Realty, IncMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.