$6,922,650 USD
858-373-3184
4438 South Blvd
Charlotte, NC 28209
Collingwood
HIGHLIGHTS
- Recent Lease Extension - 15 Year Absolute Net Lease (Zero Landlord Responsibilities) | 2016 Complete Interior and Exterior Renovation including Roof.
- Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Densely Populated and Affluent Area: Avg. Household Income of $111k+ within a 3-Mile Radius and over 248k People Residing within a 5-Mile Radius.
OVERVIEW
Caliber Collision Center | 15 Year Absolute Net Lease | Recent Lease Extension | Premier Charlotte Retail Corridor Location - High-Traffic South Charlotte Artery | Densely Populated and Affluent Area | Near Charlotte Douglas International Airport - One of the Nation’s Busiest Hubs | Easy Access to I-77 | Qualifies for Accelerated Depreciation | Recession-Resistant Concept
North Carolina Broker of Record: Charles Gallagher | 201 S. Tryon St., Ste. 1220 Charlotte, NC 28202 | Lic. 351471 | P: (804) 802-6881 | Charles.Gallagher@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$6,922,650 USD
PRICE/SF
$415 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Storefront, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
1.69 AC
LAND SF
73,616 SF
ZONING
I-2
APN/PARCEL ID
149-062-01
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858-373-3184
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858-373-3184
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