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31580650
31580584

4 Volunteer Drive, Hendersonville, TN 37075

JH
TN 377081, CA CA 01392646
Marcus & Millichap - Nashville
JO
TN TN 375707
Marcus & Millichap - Nashville
JL
TN 380014
Marcus & Millichap - Nashville
Listed by Marcus & Millichap - Nashville
$5,657,280
58 days on market
Updated 58 days ago

Caliber Collision

Details
APN 160M A 00402
Property Type Retail
Sub Type Auto Shop
Square Footage 15,186
Net Rentable (SqFt) 15,186
Cap Rate 6.25%
NOI $353,580
Occupancy 100%
Tenancy Single
Brand/Tenant Caliber Collision
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2036
Remaining Term 10.3
Rent Bumps Yes
Lease Options 2, 5 Year
Price per SqFt $373
Year Built 2021
Stories 1
Acreage 3.310
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/14/2021
Ground Lease No
Sale Condition 1031 exchange

10+ Years Remaining | Corporate Guarantee

Marketing description

This Caliber Collision property offers a true Absolute NNN lease with over 10 years remaining, backed by the nation’s largest auto body repair operator. The strong corporate guaranty, built-in rent increases, and multiple extension options provide a stable, passive long-term income stream with zero landlord management or maintenance obligations.

Located on high-traffic Volunteer Road (14,304 VPD) in Hendersonville, the asset features excellent visibility and direct frontage in a dominant retail corridor, just minutes from Hendersonville Plaza (~90k SF) and North Pointe Center (~100k SF) and surrounded by national retailers including Ace Hardware, Jiffy Lube, Taco Bell, AutoZone, and more.

Investment highlights

Absolute NNN Lease | 10+ Years Remaining

Caliber Collision | Proven National Brand

Dominant Retail Hub | 200,000+ SF of Anchored Centers

Listing Contacts

JH
TN 377081, CA CA 01392646
Marcus & Millichap - Nashville
JO
TN TN 375707
Marcus & Millichap - Nashville
JL
TN 380014
Marcus & Millichap - Nashville
Listed by Marcus & Millichap - Nashville

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$353,580.00
$29,465.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Jason Hernandez
License
377081
Brokerage
Marcus & Millichap
Brokerage Phone
6159972834
Title
SVP, Investments
Name
Jack O'Neill
License
TN 375707
Brokerage
Marcus & Millichap
Brokerage Phone
6159972880
Title
Associate
Name
Jackson Lyons
License
380014
Brokerage
Marcus & Millichap
Brokerage Phone
6159972900
Title
Associate Investment Sales
Brokerage Address
6 Cadillac Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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