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Caliber Collision 12035 Park Rd 26,845 SF Retail Building Pineville, NC 28134 $8,180,352 ($304.73/SF) 6.75% Cap Rate
Investment Highlights
- Leading National Collision Repair Tenant
- High-Visibility Location Along a Primary Charlotte Corridor
- Strategic Positioning Near the North & South Carolina Border
Executive Summary
Surmount is pleased to present the exclusive listing for a Caliber Collision located at 12035 Park Road, Charlotte, NC 28134. The site consists of roughly 26,845 rentable square feet of building space on an estimated 3.1-acre parcel of land. Caliber Collision is subject to a 15-year Double Net (NN) lease, which commenced 11/14/2016.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
26,845 SF
Building Class
C
Year Built
2016
Price
$8,180,352
Price Per SF
$304.73
Cap Rate
6.75%
NOI
$552,174
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
3.10 AC
Zoning
B1
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
-
Jan 0000
Caliber was founded in 1997 and began with collision centers in California before growing into a national automotive services business. The company focuses on collision repair, auto glass repair and replacement, and related auto care services through its family of brands. Caliber's collision repair services are supported by repair processes, certifications, and relationships with major insurance carriers and vehicle manufacturers. Today, Caliber maintains a broad presence across the United States and continues to expand its service network for drivers needing post-collision and glass repair support.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | - | - | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 221-513-02 | Improvements Assessment | $2,756,100 |
| Land Assessment | $1,350,100 | Total Assessment | $4,106,200 |
Property Taxes
Parcel Number
221-513-02
Land Assessment
$1,350,100
Improvements Assessment
$2,756,100
Total Assessment
$4,106,200
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