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1167 SE Center St
Hickory, NC 28602

$5,247,659 USD

Service For Sale  •  16,893 SF

Property Details

  • Property Type Service
  • Total Building Size 18,214 SF
  • Lot Size 1.84 AC
  • Building Class A
  • Year Built 1965
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning C-3
0 Transit Score
36 Walk Score

Highlights

15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Surrounded by Numerous Auto Dealerships and Auto Service Centers including Kia, Hyundai, GMC, Buick, Chevrolet, Cadillac, Volkswagen, Toyota and more.
Positioned Along Area’s Major Traffic and Retail Corridor. Features Easy Access and Excellent Visibility along US-Hwy 70.

Property Flyers

Cap Rate: 6.75 %

Amenities

  • Fenced Lot
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap