8533 W Highway 101 W - Auto Repair FOR SALE
Savage, MN 55378 |
$1,029,671 USD
612-605-8183
8533 W Highway 101 W
Savage, MN 55378
HIGHLIGHTS
- LARGEST COLLISION TENANT – Caliber Collision is the nation’s largest corporate collision repair provider, operating over 1,800+ locations
- UNIQUELY LOW RENT – Unlike typical new construction Caliber Collision deals priced around $5M with $250K+ in annual rent
- LOW PRICE/RENT PSF – Additionally, most collision shop deals equate to $200 – $300 PSF minimum while the subject property is being offered at only $12
- E-COMMERCE & RECESSION RESISTANT – Collision repair remains an essential service regardless of economic cycles.
- STRONG MARKET FUNDAMENTALS & DEMOS – Located directly off Highway 13 with ±53,000 vehicles per day, the site benefits from a projected 2.3% population
- MINIMAL LANDLORD RESPONSIBILITIES – Tenant takes care of taxes, insurance, and most maintenance of the property.
FOR SALE DETAILS
PRICE
$1,029,671 USD
PRICE/SF
$123 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Caliber Collision
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
1.06 AC
LAND SF
46,361 SF
ZONING
C
APN/PARCEL ID
26-057-012-0
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612-605-8183
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612-605-8183
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