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Caliber Collision 2760 Concord Pky S 14,640 SF 100% Leased Retail Building Concord, NC 28027 $4,600,000 ($314.21/SF) 5.90% Cap Rate

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Investment Highlights

Longstanding corporate Caliber Collision located in a high growth Charlotte submarket
Corporate guaranty: Wand Newco 3, Inc.
Low building to land coverage ratio with gated and secured rear parking

Recent lease extension demonstrating tenant’s long term commitment to the site
High quality CMU block building throughout with heavy gauge metal roof

Executive Summary

Longstanding corporate lease to the nation's largest collision repair provider. This offering presents a rare opportunity to acquire a proven Caliber Collision location in Concord, North Carolina, one of the fastest-growing submarkets in the greater Charlotte metropolitan area.
The property is strategically located along the highly trafficked Concord Parkway with excellent ingress/egress and visibility, supporting long-term operational viability. The site is further enhanced by continued residential, mixed-use, and industrial development in the immediate trade area, to include Eli Lilly's $2B campus and Red Bull's new $1.7B beverage manufacturing and distribution facility.

CaliberCollsion_ConcordNC

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Auto Repair

Building Size

14,640 SF

Building Class

Year Built

2000

Price

$4,600,000

Price Per SF

$314.21

Cap Rate

5.90%

NOI

$271,212

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.13

Lot Size

2.60 AC

Parking

51 Spaces (3.48 Spaces per 1,000 SF Leased)

Major Tenants

Services
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Founded in 1997, Caliber has grown to hundreds of centers nationwide and features a range of automotive services, including Caliber Collision, one of the nation’s largest auto collision repair providers across dozens of states and Caliber Auto Glass for glass repair and replacement. With the Purpose of "Restoring the Rhythm of Your Life®", Caliber’s thousands of teammates are committed to getting customers back on the road safely — and back to the rhythm of their lives — every day. Dedicated to providing an outstanding customer experience, Caliber continues to rank among the highest customer satisfaction scores in the industry.