Skip to main content

Auto Service - Gas-Conv

Caliber Collision Center | South Carolina | 15 Year Absolute Net Lease | Within Industrial Corridor

101 S East 57, Seneca (Western NC), SC 29693

Listing Price: $2,143,636

Cap Rate
5.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.4
Gross SF
10,041
Guarantor
Corporate Guarantee
Rentable SF
10,041
Price/Gross SF
$213.49
Lease Type
Absolute Net
Rent Per Square Feet
$11.74

Investment Overview

Westminster is a city in Oconee County, South Carolina. It is home to several industries; among them are: US Engine Valve plant, Ulbrich(flat wire manufacturing plant), and Sandvik Tooling Supply, a global supplier of tungsten carbide cutting tools. Oconee County is the westernmost county in the U.S. state of South Carolina. As of the 2010 census, the population was 74,273. Its county seat is Walhalla and its largest city is Seneca. Oconee County is included in the Seneca, SC Micropolitan Statistical Area, which is also included in the Greenville-Spartanburg-Anderson, SC Combined Statistical Area. South Carolina Highway 11, the Cherokee Foothills National Scenic Highway, begins in southern Oconee County at Interstate Highway 85 at the Georgia state line.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,400 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Positioned Along Area's Industrial & Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 12k Vehicles.
  • Near Numerous National Retailers including a Walmart Supercenter, The Home Depot, Lowe's, ALDI, Food Lion, Big Lots, Walgreens, Belk, Tractor Supply and more.
  • Minutes from Prisma Health Oconee Memorial Hospital - a 169-Bed Hospital featuring a Range of Inpatient and Outpatient Services and a Host of Community-Based Services.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Auto Service - Gas-Conv

Caliber Collision Center | South Carolina | 15 Year Absolute Net Lease | Within Industrial Corridor

Listing Price: $2,143,636

Cap Rate
5.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
14.4
Gross SF
10,041
Guarantor
Corporate Guarantee
Rentable SF
10,041
Price/Gross SF
$213.49
Lease Type
Absolute Net
Rent Per Square Feet
$11.74

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,400 Locations in 40 States.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Positioned Along Area's Industrial & Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 12k Vehicles.
  • Near Numerous National Retailers including a Walmart Supercenter, The Home Depot, Lowe's, ALDI, Food Lion, Big Lots, Walgreens, Belk, Tractor Supply and more.
  • Minutes from Prisma Health Oconee Memorial Hospital - a 169-Bed Hospital featuring a Range of Inpatient and Outpatient Services and a Host of Community-Based Services.

Investment Overview

Westminster is a city in Oconee County, South Carolina. It is home to several industries; among them are: US Engine Valve plant, Ulbrich(flat wire manufacturing plant), and Sandvik Tooling Supply, a global supplier of tungsten carbide cutting tools. Oconee County is the westernmost county in the U.S. state of South Carolina. As of the 2010 census, the population was 74,273. Its county seat is Walhalla and its largest city is Seneca. Oconee County is included in the Seneca, SC Micropolitan Statistical Area, which is also included in the Greenville-Spartanburg-Anderson, SC Combined Statistical Area. South Carolina Highway 11, the Cherokee Foothills National Scenic Highway, begins in southern Oconee County at Interstate Highway 85 at the Georgia state line.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

MM Texture Background
MM Textured Background Lower