2527 Boiling Springs Rd - Auto Repair FOR SALE
Boiling Springs, SC 29316 |
$6,042,000 USD
415-274-2714
2527 Boiling Springs Rd
Boiling Springs, SC 29316
HIGHLIGHTS
- A new 15-year corporate-guaranteed lease to the nation’s largest collision repair provider
- Absolute NNN lease structure – zero landlord maintenance, repair, or expense obligations
- There are two, 5-year extension options; 10% rental increases every 5 years during the primary term and in each option period
- Corporate Guaranty: Wand NewCo 3, Inc.
- Boiling Springs’ only Caliber Collision location; this is the northernmost Caliber in South Carolina when following the I-26 and SC Highway 9 corridor
- The Spartanburg MSA is considered one of the fastest growing metros in the U.S.
OVERVIEW
For sale is a new construction, build-to-suit property that features a corporate lease with the nation's largest collision repair provider. This offering combines strong tenant credit, long-term income durability, and strong market fundamentals in one of South Carolina's most dynamic growth corridors.
FOR SALE DETAILS
PRICE
$6,042,000 USD
PRICE/SF
$2,314 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Caliber Collision
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
79
LAND DETAILS
LAND ACRES
1.94 AC
LAND SF
84,506 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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415-274-2714
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415-274-2714
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