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- LoopNet Team
327 S College Ave
Salem, VA 24153
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong national tenant - largest auto repair company in USA with over 1,000 locations
- 14 years remaining on the lease
- Caliber’s revenue over $3 Billion
PROPERTY FACTS
AMENITIES
- Corner Lot
ABOUT 327 S COLLEGE AVE , SALEM, VA 24153
AQYRE Real Estate Advisors is pleased to announce they have been retained as the exclusive marketing advisor for this Caliber Collision located in Salem, VA. Qualified investors have the opportunity to acquire this 19,941 square-foot Caliber Collision situated on 3 separate parcels totaling in 1.03 acres. The fee simple net lease is corporately guaranteed by Caliber Collision. This net lease calls for minimal landlord obligations. The landlord is only responsible for the roof, structure, and parking lot. The tenant has 14 years remaining on the lease with two additional, 5-year renewal options. The building is ideally located in the heart of Salem just a few blocks South from Roanoke College.
PROPERTY TAXES
| Parcel Number | 145-5-4 | Improvements Assessment | $650,200 |
| Land Assessment | $120,800 | Total Assessment | $771,000 |
PROPERTY TAXES
