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Auto Repair For Sale • 16,692 SF
| 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. |
| Cap Rate: | 6.00 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Caliber Collision | 17,327 SF | 9/30/2039 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Charlotte Amtrak Station (Carolinian - Amtrak, Crescent - Amtrak, Piedmont - Amtrak) | 11 min | - | 5.4 mi |
| Transit/Subway | Drive | Walk | Distance |
| Scaleybark (LYNX Blue Line - Charlotte Area Transit System (CATS)) | 1 min | 13 min | 0.6 mi |
| Woodlawn (LYNX Blue Line - Charlotte Area Transit System (CATS)) | 2 min | 13 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Charlotte/Douglas International | 13 min | - | 6.6 mi |
| Concord-Padgett Regional | 31 min | - | 20.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 80 |
| Type: | Surface |
| Included in Rent: | Yes |
Alvin Mansour
The Mansour Group of Marcus & Millichap
Alvin Mansour
The Mansour Group of Marcus & Millichap
