CALIBER COLLISION | 15 YR ABS. NNN | RECENT LEASE EXTENSION
Retail | 6.00% CAP | 17,327 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310572/caliber-collision-center
Investment highlights
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.
Recent Lease Extension - 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2016 Complete Interior and Exterior Renovation including Roof.
Only 10 Minutes from Charlotte Douglas International Airport - One of the Nation’s Busiest Hubs, Supporting over 50 Million Annual Passengers and Robust Regional Economic Activity.
Premier Charlotte Retail Corridor Location - Situated along South Blvd, one of Charlotte’s most Heavily Trafficked Commercial Arteries Connecting Uptown to South Charlotte, Surrounded by Major National Retailers, Auto Service Users, and Daily Commuters.
Strong Surrounding Economic Growth - Charlotte Ranks Among the Top U.S. Metros for Population and Employment Growth, driven by Financial, Healthcare, and Tech Sector Expansions Fueling Long-term Real Estate Demand.
Densely Populated and Affluent Area: Features an Average Household Income of more than $111k within a 3-Mile Radius and over 248k People Residing within a 5-Mile Radius. Convenient Access to I-77 and Major Charlotte Arterials Connecting to Uptown, Ballantyne, and Fort Mill - Providing Excellent Regional Connectivity and Access throughout the Charlotte Metro.
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