Cascade Collision Repair
13,818 SF | Retail Building | Orem, UT 84057 | $4,783,450 ($346/SF) | 5.75% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,783,450
- Property Type
-
Retail
- Square Feet
- 13,818 SF
- Price / Square Foot
- $346
Listing Contacts
Skyler Peterson
Verified Profile
Tanner Pulsipher
Verified Profile
Tre Bourdeaux
Verified Profile
Parker Taggart
Verified Profile
- Property Info
Property Overview
Investment Highlights:
Address: 1005 N. State St., Orem, UT 84057
Year Built: 1995/2017
Annual Increases: 3%
Lease Renewal: Two (2) 5-Year Renewal Options
LED: 10/31/2033
About Cascade Collision Repair:
With over 2,750+ Google Reviews averaging 4.75/5 Stars - Cascade Collision Repair actively operates 8 successful locations throughout the Wasatch Front. They’re currently under construction on 3 new locations in Utah including; St George, Cedar City, and West Valley City. Their public reputation for transparency, excellence, and experience has rightfully earned the strong trust of customers, distributors, insurance agencies, and manufacturers. Cascade Collision Repair’s operation is rapidly growing and continuing regional market dominance.
Address: 1005 N. State St., Orem, UT 84057
Year Built: 1995/2017
Annual Increases: 3%
Lease Renewal: Two (2) 5-Year Renewal Options
LED: 10/31/2033
About Cascade Collision Repair:
With over 2,750+ Google Reviews averaging 4.75/5 Stars - Cascade Collision Repair actively operates 8 successful locations throughout the Wasatch Front. They’re currently under construction on 3 new locations in Utah including; St George, Cedar City, and West Valley City. Their public reputation for transparency, excellence, and experience has rightfully earned the strong trust of customers, distributors, insurance agencies, and manufacturers. Cascade Collision Repair’s operation is rapidly growing and continuing regional market dominance.
Property Details
- Class
- B
- Year Built
- 1995
- Stories
- 1
- Property Subtype
- Vehicle Related, Freestanding
- Lot Size (sq. ft)
- 74,923 SF
Highlights
- Prime location with unbeatable State Street frontage
- 3% Annual Increases
- NNN Lease Agreement
- Two (2) 5 year renewal options
- High growth tenant with a dominating regional presence boasting 2,500+ Google Reviews averaging 4.75/5 stars
- Growing industry with a 4.9% CAGR (Sources: (1) collisionweek.com (2) cawa.org)
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