Classic Collision- New 10 Year Lease FOR SALE


Forest City, NC
$2,500,000 USD
407-557-3824
, Forest City, NC for Sale
$2,500,000 USD
FOR SALE
1/5
null | 7.2% Cap Rate

Classic Collision- New 10 Year Lease
Forest City, NC


HIGHLIGHTS

  • New Ten-Year Triple Net (NNN) Offering - Minimal Landlord Obligations | Low Rent/SF at $8.13
  • 360 Feet of Frontage on West Main Street - Average Daily Traffic Count of 7,700 Cars Per Day
  • Recent Acquisition of Operating Business [2024] - Part of Seven-Unit “Absolute Collision” Acquisition
  • Rental Increases Every Five Years Including Options - Three Five-Year Extensions to Renew
  • Fourth Largest Multi-Shop Operator (MSO) in the Industry - Backed by 6th Largest Private Equity Fund in the World (per PEI 300)
  • 5 Miles from $650 Million Facebook Data Center Campus - Rutherford County has a population of 67,810 and is centrally located between Charlotte, NC,

OVERVIEW

The location of this portfolio sale provides 360 feet of frontage on West Main Street . This location includes an average daily traffic count of 7,700 cars per day.

ASK ABOUT THIS PROPERTY

Scott GouldMarcus & MillichapMore Info
407-557-3824

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Scott GouldMarcus & MillichapMore Info
407-557-3824

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