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20338 N Rand Rd
Palatine, IL 60074
Gerber Collision Sale-Leaseback | Palatine · Retail Property For Sale

Investment Highlights

  • New 15-year absolute NNN sale-leaseback to growing corporate tenant with 8% rental increases every five (5) years
  • Gerber Collision is one of the largest auto collision and glass repair companies in North America (700+ locations) and is part of the Boyd Group, Inc.
  • No landlord management, ideal for an out-of-area investor
  • All Gerber locations have achieved the highest training level recognized in the collision industry, the I-CAR Gold Class Professionals®

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,900 SF
Building Class
C
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.63 AC
Parking
15 Spaces

Property Taxes

Property Taxes

Parcel Number
14-34-400-020
Land Assessment
$234,279
Improvements Assessment
$82,356
Total Assessment
$316,635
  • Listing ID: 30684516

  • Date on Market: 1/17/2024

  • Last Updated:

  • Address: 20338 N Rand Rd, Palatine, IL 60074

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