CollisionRight Portfolio 2 Retail Properties Offered at $4,630,500 in Multiple Locations
INVESTMENT HIGHLIGHTS
- HIGH YIELD – With scheduled rent increases from CollisionRight and Hertz this year, the cap rate on this investment will reach 7.95%
- MINIMAL LANDLORD RESPONSIBILITIES – Ownership is only responsible for the roof, structure, parking lot, and HVAC
- STRONG CORPORATE GUARANTEE – CollisionRight, one of the largest and fastest-growing operators in the collision repair industry, has 115+ locations
- TAX ADVANTAGE – Located in Tennessee, a state with no income tax, providing additional financial benefit
EXECUTIVE SUMMARY
Broker of Record
Hutt Cooke
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Hutt Cooke
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
| Price | $4,630,500 |
| Price / SF | $119.34 / SF |
| Cap Rate | 8.16% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 38,800 SF |
| Total Land Area | 7.21 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1831 Getwell Rd, Memphis, TN 38111 | Retail | 29,300 SF | 1990 | - |
|
Cordova Collision Repair
1532 Bonnie Ln, Cordova, TN 38016 |
Retail | 9,500 SF | 2021 | - |
1 of 1
