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Gerber Collision & Glass - Raleigh, NC 2821 Capital Blvd 17,835 SF Retail Building Raleigh, NC 27604 $4,500,000 ($252.31/SF) 5.62% Cap Rate
INVESTMENT HIGHLIGHTS
- Gerber Collision & Glass is the nation’s 2nd leading collision repair company with 850+ locations across the U.S.
- The property is approximately 3.5 miles from downtown and located just one lot over from an Exxon gas station on a signalized hard corner.
- Raleigh is the 2nd largest metro in the state. Since 2020, the Raleigh–Cary metro area has grown by 10.2% to 1.6 million people (Axios–Raleigh).
- This property is situated on Capital Blvd in Raleigh, seeing over 68,849 vehicles per day (VPD).
- According to a CNBC study, North Carolina ranks #1 in America’s top states for business.
- Gerber Collision & Glass (Tru2Form) has operated at this location since 1998 & is currently in its 4th option period.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 17,835 SF Gerber Collision & Glass located at 2821 Capital Blvd in Raleigh, NC. This property boasts over 180 feet of prime frontage along Capital Blvd, with two convenient access points providing excellent visibility and accessibility. The rear building roof was replaced in 2025 and is backed by a 20-year warranty, while the front roof was replaced in 2019, ensuring minimal near-term capital expenses. Overall, this offering presents a strong and reliable investment opportunity in a high-traffic commercial corridor.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
17,835 SF
Building Class
C
Year Built
1965
Price
$4,500,000
Price Per SF
$252.31
Cap Rate
5.62%
NOI
$253,064
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.24 AC
Zoning
NB
Parking
45 Spaces (2.52 Spaces per 1,000 SF Leased)
Frontage
33’ on Capital Blvd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Gerber Collision & Glass
- Retailer
- 17,835 SF
- $14.19
- Triple Net
- Jul 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Gerber Collision & Glass | Retailer | 17,835 SF | $14.19 | Triple Net | Jul 2028 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1715.16-93-4353-000 | Improvements Assessment | $2,198,746 |
| Land Assessment | $1,600,830 | Total Assessment | $3,799,576 |
PROPERTY TAXES
Parcel Number
1715.16-93-4353-000
Land Assessment
$1,600,830
Improvements Assessment
$2,198,746
Total Assessment
$3,799,576
CONTACTS
-
Clayton Coassin -
Gary Berwick -
Andrew Adam -
Bryce Pugh -
Sands Investment Group, NC
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Gerber Collision & Glass - Raleigh, NC | 2821 Capital Blvd
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