Auto Parts
Caliber Collision | NN 9+ Years Remaining | 2% Annual Increases | $42K Renovations | Mansfield, OH
892 Park Ave E, Mansfield, OH 44905
Listing Price: $1,166,197
Cap Rate
7.10%
Tenant Name
Caliber Collision
Years Remaining On Lease
9.4
Guarantor
Corporate Guarantee
Rentable SF
14,412
Lease Type
Double Net
Rent Per Square Feet
$5.75
Investment Overview
Marcus & Millichap is pleased to bring to market Caliber Collision located in Mansfield, Ohio.
Caliber Collision | NN 9+ Years Remaining | 2% Annual Increases | $42K Renovations | Mansfield, OH
Investment Highlights
- Caliber Collision Location with Over Nine Years Remaining on a Double Net Lease | Two, Five-Year Renewal Options
- Minimal Landlord Responsibilities with 2 Percent Annual Rental Increases in Base Term and in Each Option
- Corporately Guaranteed Lease: Caliber Collision is the Largest Collision Repair Company in America
- Over $42,000 in Recent Renovations Including Roof Upgrades in 2023, Rear Lot Resurfaced in 2022
- Property Sits on Three Parcels with Large Parking Lot, Signage and Excellent Visibility Along Park Avenue East
- Located in a Dense Industrial Corridor Near Multiple Automotive Repair Shop Tenants | Adjacent to 7-Eleven Gas Station
- Two Miles Off of Interstate 71, Connecting Cleveland to Columbus and Cincinnati | One and a Half Miles From Downtown Mansfield, One Hour From Cleveland and Columbus
- Strong Demographics: Population Exceeds 67,800 Within Five Miles | Mansfield MSA has a Population Over 124,000
Exclusively Listed By
Financing By
Auto Parts
Caliber Collision | NN 9+ Years Remaining | 2% Annual Increases | $42K Renovations | Mansfield, OH
Listing Price: $1,166,197
Cap Rate
7.10%
Tenant Name
Caliber Collision
Years Remaining On Lease
9.4
Guarantor
Corporate Guarantee
Rentable SF
14,412
Lease Type
Double Net
Rent Per Square Feet
$5.75
Investment Highlights
- Caliber Collision Location with Over Nine Years Remaining on a Double Net Lease | Two, Five-Year Renewal Options
- Minimal Landlord Responsibilities with 2 Percent Annual Rental Increases in Base Term and in Each Option
- Corporately Guaranteed Lease: Caliber Collision is the Largest Collision Repair Company in America
- Over $42,000 in Recent Renovations Including Roof Upgrades in 2023, Rear Lot Resurfaced in 2022
- Property Sits on Three Parcels with Large Parking Lot, Signage and Excellent Visibility Along Park Avenue East
- Located in a Dense Industrial Corridor Near Multiple Automotive Repair Shop Tenants | Adjacent to 7-Eleven Gas Station
- Two Miles Off of Interstate 71, Connecting Cleveland to Columbus and Cincinnati | One and a Half Miles From Downtown Mansfield, One Hour From Cleveland and Columbus
- Strong Demographics: Population Exceeds 67,800 Within Five Miles | Mansfield MSA has a Population Over 124,000
Investment Overview
Marcus & Millichap is pleased to bring to market Caliber Collision located in Mansfield, Ohio.
Exclusively Listed By
Financing By
