28 Kettle River Dr | Glen Carbon, IL 62034
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28 Kettle River Dr
Glen Carbon, IL 62034
Caliber Collision · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 15-year corporate lease to the nation’s leading collision repair provider
- Caliber Collision recently extended the lease for 15 years, with fixed 10% rental increases
- Corporate guaranty: Wand NewCo 3, Inc.
- Absolute NNN lease structure - zero Landlord maintenance or expense responsibilities
- Low entry point basis with strong underlying real estate fundamentals - very low occupancy cost relative to alternative Caliber Collision properties
- Longstanding & proven location - the subject location has performed across multiple economic cycles and the tenant has shown long term commitment to t
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,350 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.08 AC
Parking
57 Spaces (6.1 Spaces per 1,000 SF Leased)
Frontage
220’ on COMMERCIAL CT
PROPERTY TAXES
| Parcel Number | 14-2-15-23-03-301-015 | Improvements Assessment | $276,030 |
| Land Assessment | $68,870 | Total Assessment | $344,900 |
PROPERTY TAXES
Parcel Number
14-2-15-23-03-301-015
Land Assessment
$68,870
Improvements Assessment
$276,030
Total Assessment
$344,900
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