Caliber Collision
15,000 SF | Retail Building | Brunswick, GA 31525 | $5,552,000 ($370/SF) | 6.10% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,552,000
- Property Type
-
Retail
- Square Feet
- 15,000 SF
- Price / Square Foot
- $370
Listing Contacts
Trevor Morse
Verified Profile
Justin Stark
Verified Profile
Rick Sanner
Verified Profile
- Property Info
Property Overview
A 15-year absolute NNN lease to the nation’s largest collision repair provider. The subject property is currently undergoing a full renovation that includes a new roof, and the store is anticipated to open for business in Q4 2024.
Property Details
- Class
- B
- Year Built
- 2005
- Stories
- 1
- Property Subtype
- Vehicle Related
- Lot Size (sq. ft)
- 120,661 SF
Highlights
- Brand new 15-year corporate lease to the nation’s leading collision repair provider; two 5-year options
- Absolute NNN lease structure – zero Landlord maintenance or expense obligations
- 10% rental increases every 5 years throughout the primary term and at the start of each option
- Corporate guaranty: CH Hold Corp.
- The subject property is currently undergoing a substantial store renovation which includes the installation of a new roof
- This will be the only Caliber Collision location serving Brunswick and the surrounding Golden Isles communities
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