Freestanding For Sale • 12,300 SF
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. |
Densely Populated & Affluent Area: Average Household Income of $108k+ w/in a 1-Mile Radius & 109k+ People Residing w/in a 5-Mile Radius. |
In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Jeep, Mazda, Audi, Subaru, Ford and many more. |
Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation. |
Cap Rate: | 6.60 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Caliber Collision | 12,300 SF | 3/31/2040 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Botzum (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) | 10 min | - | 5.1 mi |
Indigo Lake (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) | 12 min | - | 6.1 mi |
Airport | Drive | Walk | Distance |
Akron-Canton Regional | 31 min | - | 22.5 mi |
Cleveland-Hopkins International | 48 min | - | 33.4 mi |