Listed by Matthews
$2,996,128
Classic Collision
Details
Property Type Retail, Industrial
Sub Type Auto Shop, Automotive
Cap Rate 7.75%
NOI $232,200
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
Buildings 2
Acreage 0.83 - 3.8
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple
High Yield (7.75%) | Expanding Operator | Dominant Market Share
Marketing description
Orangeburg
https://www.crexi.com/properties/2554484/south-carolina-classic-collision
Greenwood
https://www.crexi.com/properties/2554501/south-carolina-classic-collision
Investment highlights
Property 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.
- Sizeable Market Share: Classic Collision dominates the local trade area with few competitors with the capability to meet insurer demands. Strong insurer DRP relationships, specialized buildouts and equipment make for high tenant stickiness. Capitalize on the opportunity to acquire a high yield asset with great synergy to the robust 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
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$232,200.00
$19,350.00/mo
Valuation Metrics
0
DSCR
7.75%
Cap Rate
7.75%
ROI
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