Listed by CRS, Commercial Real Estate Services
$1,575,000
Gerber Collision-High volume store 6.45 cap rate
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 12,480
Price per SqFt $126
Class A
Retail | 12,480 SqFt
Marketing description
$94,500 a yr rent NNN; with an increase in 7/2025 99,228 a yr rent; 6.45 average cap rate term of the Lease
NN Lease with limited landlord responsibilities make this a passive investment. Corporate Guarantee from The Boyd Group.
Services Group; Gerber currently operates 700 locations.
Roof recently replaced, minimizing long term landlord expenses Parking lot was resealed/restriped in September of 2022.
Only nationally recognized collision brand in the Plainwell market. High volume store.
Seller will provided a current phase 1 ,2 environmental report and survey.
Listing Contacts
Listed by CRS, Commercial Real Estate Services
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