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2760 Concord Pky S
Concord, NC 28027
Caliber Collision · Retail Property For Sale
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
14,640 SF
Building Class
C
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)
Property Taxes
| Parcel Number | 5509-66-6966-0000 | Improvements Assessment | $1,645,500 |
| Land Assessment | $749,360 | Total Assessment | $2,394,860 |
Property Taxes
Parcel Number
5509-66-6966-0000
Land Assessment
$749,360
Improvements Assessment
$1,645,500
Total Assessment
$2,394,860
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