Auto Repair For Sale • 17,835 SF
| Gerber Collision & Glass is the nation’s 2nd leading collision repair company with 850+ locations across the U.S. |
| This property is situated on Capital Blvd 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 & is currently in its 4th option period. |
| Cap Rate: | 6.10 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Gerber Collision & Glass | 17,835 SF | 7/31/2028 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) | 10 min | - | 4.8 mi |
| Airport | Drive | Walk | Distance |
| Raleigh-Durham International | 25 min | - | 14.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 45 |
| Type: | Surface |
| Included in Rent: | Yes |