Gerber Collision & Glass
7.20% CAP | Corporate Guarantee | Large 1.28 Acre Lot
Marketing description
Prime Net Lease is pleased to present an exceptional opportunity to acquire the fee simple interest in a corporately guaranteed Gerber Collision & Glass located in Huntsville, Alabama. Built in 1979, this 7,057-square-foot facility sits on a substantial 1.28-acre site comprised of two adjacent parcels, offering excellent visibility, accessibility, and long-term operational flexibility. This asset is ideal for investors seeking stable income, minimal management responsibilities, and strong tenant credit.
The property is secured by a Double Net (NN) lease with the Boyd Group and features 2.5 years remaining on the current term. The lease includes four 5-year renewal options, each providing 5% rental increases throughout the option periods—ensuring reliable income growth and enhancing the long-term value of the investment.
Strategically positioned along Ardmore Highway, a well-traveled arterial roadway in Huntsville, the site benefits from strong traffic counts, consistent consumer draw, and excellent street visibility. The property’s sizable lot footprint and dual-parcel configuration create an attractive foundation for continued tenant success or potential future redevelopment.
Located within a thriving commercial corridor, the property is surrounded by major national retailers such as O’Reilly Auto Parts, AutoZone, Chick-fil-A, Aldi, Trader Joe’s, and Sam’s Club. This high-profile retail synergy reinforces the strength of the location and further supports long-term tenant demand.
As one of the nation’s leading auto repair operators—with 85+ years in business and more than 800 locations—Gerber Collision continues to demonstrate strong brand resilience and aggressive expansion across the U.S. Coupled with a corporate guarantee from the Boyd Group, this offering delivers a compelling combination of tenant credit, passive income, and strategic real estate fundamentals in one of Alabama’s fastest-growing markets.
Investment highlights
RENTAL INCREASES – The lease features 5% rental escalations throughout all four 5-year option periods, providing investors with consistent income growth and a reliable hedge against inflation.
MARKET DOMINANT AUTO REPAIR – Gerber Collision has been in business for more than 85 years, operates 800+ locations, and has aggressive expansion plans for the next several years.
CORPORATE GUARANTEE – This location is operated by the Boyd Group and backed by a corporate guarantee, providing added financial stability and assurance with the lease guaranteed by the established corporate operator.
HIGH TRAFFIC AREA – The property benefits from excellent visibility along the Ardmore Hwy, a major thoroughfare in the area which sees high vehicle traffic on a daily basis.
LARGE LOT – Situated on two adjacent parcels totaling 1.28-acres, the site offers exceptional visibility, easy accessibility, and ample space to support long-term operational flexibility or future redevelopment opportunities.
STRONG RETAIL SYNERGY – The property is surrounded by nationally recognized retailers, including O'Reilly Auto Parts, AutoZone, Chick-fil-A, Aldi, Trader Joe's, and Sam's Club further enhancing consumer traffic and long-term value.
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