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3943 U S Highway 29
Danville, VA 24540

$2,735,350 USD

Auto Repair For Sale  •  12,730 SF

Property Details

• Property Type Auto Repair
• Total Building Size 12,730 SF
• Lot Size 2.35 AC
• Building Class B
• Year Built 2008
• Cap Rate 6.49 %
• Tenancy Single
• Zoning B-2

10 Walk Score

Highlights

Gerber Collision & Glass is the nation’s 2nd leading collision repair company with 1,300+ locations across the U.S. and an annual revenue of $3.14B.

The tenant is responsible for all operating expenses, maintenance, repairs, insurance, and taxes, resulting in zero landlord responsibilities.

Purpose-built and extensively improved in 2008 to accommodate specialized collision repair operations.

Gerber Collision & Glass operates two locations in Danville, with no other Corporate Consolidators competing in the market.

Positioned within a designated opportunity zone, offering significant tax advantages for long-term investors.

Collision repair demand is driven by insurance claims and vehicle miles traveled, providing stable performance across economic cycles.

Cap Rate:

6.49 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Gerber Collision & Glass	12,730 SF	8/31/2029

Public Transportation

Commuter Rail	Drive	Walk	Distance
Danville Amtrak Station (Crescent - Amtrak)	10 min	-	6.4 mi