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4124 Legend Ave
Fayetteville, NC 28303
Retail Property For Sale


Investment Highlights
- Corporate-guaranteed lease with Caliber Collision.
- Located near Walmart, Sam's Club, Walgreens, and major dealerships.
- Positioned within an established automotive and retail corridor.
- Scheduled 10% rent increase in June 2027.
- Auxiliary facility supporting Caliber Collision's nearby Skibo Road operation.
- Two five-year renewal option periods remain available.
Executive Summary
Caliber Collision at 4124 Legend Avenue presents an opportunity to acquire a single-tenant automotive service asset occupied by one of the largest collision repair operators in the United States. The property serves as an auxiliary location to Caliber Collision’s nearby operation on Skibo Road and benefits from its position within an established automotive and retail corridor. The surrounding area includes major national retailers such as Walmart, Sam’s Club, and Walgreens, as well as multiple automobile dealerships that contribute to ongoing vehicle-related consumer activity.
The property is improved with a collision repair facility featuring multiple roll-up doors and clear-height functionality that supports automotive service operations. According to the offering materials, the tenant lease is backed by a corporate guarantee and includes a scheduled 10% rent increase in June 2027, followed by additional 10% increases every five years. The lease structure assigns responsibility for the roof, structure, parking lot, and HVAC systems to the landlord.
Fayetteville is a major regional center within Cumberland County and benefits from a diverse economic base supported by military, healthcare, education, retail, transportation, and government employment. The city's connection to Fort Bragg and its location near Interstate 95 contribute to sustained population movement and transportation demand. These characteristics support long-term demand for automotive repair services and reinforce the property's position within a market serving both local residents and military-affiliated households.
The property is improved with a collision repair facility featuring multiple roll-up doors and clear-height functionality that supports automotive service operations. According to the offering materials, the tenant lease is backed by a corporate guarantee and includes a scheduled 10% rent increase in June 2027, followed by additional 10% increases every five years. The lease structure assigns responsibility for the roof, structure, parking lot, and HVAC systems to the landlord.
Fayetteville is a major regional center within Cumberland County and benefits from a diverse economic base supported by military, healthcare, education, retail, transportation, and government employment. The city's connection to Fort Bragg and its location near Interstate 95 contribute to sustained population movement and transportation demand. These characteristics support long-term demand for automotive repair services and reinforce the property's position within a market serving both local residents and military-affiliated households.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
11,600 SF
Building Class
C
Year Built
1976
Price
$1,650,000
Price Per SF
$142.24
Cap Rate
8%
NOI
$132,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.89 AC
Zoning
C1P
Parking
25 Spaces (5.62 Spaces per 1,000 SF Leased)
Frontage
65’ on Legend Ave
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 0418-44-3257 | Improvements Assessment | $376,161 |
| Land Assessment | $389,862 | Total Assessment | $766,023 |
Property Taxes
Parcel Number
0418-44-3257
Land Assessment
$389,862
Improvements Assessment
$376,161
Total Assessment
$766,023
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