Listed by Sands Investment Group, Sands Investment Group Philadelphia
$2,735,350
Gerber Collision & Glass - Danville, VA
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 12,730
Cap Rate 6.49%
NOI $177,570
Occupancy 100%
Tenancy Single
Brand/Tenant Gerber Collision & Glass
Lease Type Absolute NNN
Lease Term 10.1
Lease Expiration 08/31/2029
Remaining Term 3.2
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Price per SqFt $215
Year Built 2008
Acreage 2.350
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/09/2019
Ground Lease No
Gerber Collision & Glass Abs NNN | National Credit Tenant
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 12,730 SF Gerber Collision & Glass located at 3943 US Highway 29 in Danville, VA. This purpose-built collision repair facility features specialized automotive improvements completed in 2008 and was later acquired by Gerber Collision & Glass in 2019. The property's tailored design, established operating history, and tenancy with a leading national collision repair operator provide investors with a unique and compelling automotive service investment opportunity.
Investment highlights
- National Credit Tenant: Gerber Collision & Glass is the nation’s 2nd leading collision repair company with 1,300+ locations across the U.S. and an annual revenue of $3.14B in 2025. NYSE: $BGSI - Boyd Group Services Inc.
- Absolute Triple Net (NNN) Lease Structure: The tenant is responsible for all operating expenses, maintenance, repairs, insurance, and taxes, resulting in zero landlord responsibilities.
- Built-to-Suit Collision Repair Facility: Purpose-built and extensively improved in 2008 to accommodate specialized collision repair operations. The current operator assumed occupancy in 2019 following the acquisition of the prior business and has continued operating the facility without interruption.
- Market Share: Gerber Collision & Glass operates two locations in Danville, with no other Corporate Consolidators competing in the market.
- Opportunity Zone: Positioned within a designated opportunity zone, offering significant tax advantages for long-term investors.
- Recession‑Resistant Industry: Collision repair demand is driven by insurance claims and vehicle miles traveled, providing stable performance across economic cycles.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group Philadelphia
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$177,570.00
$14,797.50/mo
Valuation Metrics
0
DSCR
6.49%
Cap Rate
6.49%
ROI
Map
Zoning
B-2 CommercialGeneral CommercialGeneral Business
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 140 uses
View all 140 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
