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33690066
33690065

1666 Calhoun Road, Greenwood, SC 29649

JL
FL SL3510801
Matthews
LB
NC SL 3637338
Matthews
AD
FL SL3579687 (FL)
Matthews
Listed by Matthews
$1,664,516
24 days on market
Updated 9 days ago

Classic Collision

Details
APN 6836-661-565
Property Type Retail, Industrial
Sub Type Auto Shop, Automotive (+1)
Square Footage 9,060
Net Rentable (SqFt) 9,060
Units 1
Cap Rate 7.75%
NOI $129,000
Occupancy 100%
Tenancy Single
Brand/Tenant Caliber Collision
Lease Type NN
Lease Term 10
Lease Expiration 04/30/2031
Remaining Term 4.8
Rent Bumps Yes
Lease Options 3 x 5 Years
Price per SqFt $184
Year Built 1988
Acreage 0.830
Zoning I-2
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple

High-Yield Classic Collision NNN — 7.75% Cap Rate in Fast-Growing South Carolina

Marketing description

Investment highlights

• Institutional-Quality Tenant: The 4th largest Collision Center operator in the country, with a focus on consolidating and leading fragmented markets in the Southeast. (NASDAQ: TPG)

• Fee Simple Ownership: Provides full ownership of the land and building, offering maximum control, long-term stability, and depreciation benefits.

• Minimal Landlord Responsibility: NN lease structure makes this a truly passive investment.

• High Yield: Offered at an attractive 7.75% cap rate, with 7.5% rent increases every 5 years, delivering a natural hedge against inflation.

• Strong Corridor: Positioned in the heart of Greenwood’s strongest corridor with close proximity to Publix, Walmart, Greenwood Shopping Mall, Greenwood Premier Luxury Theatre, Lowe’s and other strong retail locations.

• Sizeable Market Share: Classic Collision maintains a dominant position within the local trade area, supported by limited competitive supply capable of meeting modern insurer and OEM standards. Established DRP relationships, specialized facility buildouts, and significant equipment costs create exceptional tenant stickiness. The offering presents an opportunity to acquire a high-yield asset backed by durable industry fundamentals and a growing local economy.

• Growing Operator: Classic Collision continues to actively expand its footprint throughout the Southeast, posting approximately 11.6% year-over-year growth in store count—significantly outpacing other major consolidators such as Caliber Collision (+1.9%) and Crash Champions (+1.2%). Classic Collision stands out as one of the most active and fastest-growing consolidators in the industry. Notable acquisitions of Kendrick Paint & Body in the nearby trade area of Augusta and Aiken highlight Classic’s synergy with the surrounding market.

• Stable Demographics: South Carolina was the fastest growing state in the country in 2025 seeing +1.5% population growth and has ranked in the top 5 fastest-growing states for 5 straight years. Attributed to a lower cost of living, job growth, and spillovers from larger metros.

Listing Contacts

JL
FL SL3510801
Matthews
LB
NC SL 3637338
Matthews
AD
FL SL3579687 (FL)
Matthews
Listed by Matthews

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$129,000.00
$10,750.00/mo

Valuation Metrics

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DSCR
7.75%
Cap Rate
7.75%
ROI

Map

Zoning

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I-2 IndustrialHeavy Industrial District
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Last updated Feb 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Kyle Matthews
License
105710, 22684 (SC)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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