HIGHLIGHTS
- Gerber Collision & Glass is the nation’s 2nd leading collision repair company with 850+ locations across the U.S. and an annual revenue of $3.1B .
- This property is situated on Capital Boulevard in Raleigh, seeing over 68,849 vehicles per day (VPD).
- The property is approximately 3.5 miles from downtown and located just one lot over from an Exxon gas station on a signalized hard corner.
- According to a CNBC study, North Carolina ranks #1 in America’s top states for business.
- Raleigh is the 2nd largest metro in the state. Since 2020, the Raleigh–Cary metro area has grown by 10.2% to 1.6 million people (Axios–Raleigh).
- Gerber Collision & Glass (Tru2Form) has operated at this location since 1998 and is currently in its 4th option period, with two (5-year) renewal.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 17,835 SF Gerber Collision & Glass located at 2821 Capital Boulevard in Raleigh, NC. This property boasts over 180 feet of prime frontage along Capital Boulevard, with 2 convenient access points providing excellent visibility and accessibility. The rear building roof was replaced in 2025 and is backed by a 20-year warranty, while the front roof was replaced in 2019, ensuring minimal near-term capital expenses. Overall, this offering presents a strong and reliable investment opportunity in a high-traffic commercial corridor.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
FOR SALE DETAILS
PRICE
$4,049,035 USD
PRICE/SF
$227 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Gerber Collision & Glass - Raleigh, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
2.24 AC
LAND SF
97,574 SF
ZONING
NB
APN/PARCEL ID
1715.16-93-4353-000
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704-498-8902
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704-498-8902
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