Skip to main content

Auto Service - Gas-Conv

Gerber Collision & Glass

35534 FL-54, Zephyrhills, FL 33541

Listing Price: $2,286,900

Cap Rate
6.00%
Tenant Name
Gerber Collision and Gas
Years Remaining On Lease
3.9
Gross SF
17,000
Guarantor
Corporate Guarantee
Rentable SF
17,000
Price/Gross SF
$134.52
Lease Type
Double Net
Rent Per Square Feet
$8.07

Investment Overview

30 Miles to Heart of Downtown Tampa - Top 20 MSA in the Country Population 230,000+ in 10 Mile Radius - 8.6 Miles to Interstate-75 Direct Frontage on FL-SR 54 Average Daily Traffic Count – 16,100+ City is Home to Zephyrhills Brand Water Bottle Co. Headquartered in Zephyrhills, Florida Scheduled Tenant Investment - Parking Lot Seal/Stripe has Been Approved

Investment Highlights

  • New Five-Year Lease Extension - 10% Increase at Beginning of Final Renewal Option
  • Corporate Guarantee with The Boyd Group - Gerber Operates 700 Locations in the U.S.
  • Gerber has Occupied the Facility Since 2012 - Acquired Successful Operating Business

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Gerber Collision & Glass

Listing Price: $2,286,900

Cap Rate
6.00%
Tenant Name
Gerber Collision and Gas
Years Remaining On Lease
3.9
Gross SF
17,000
Guarantor
Corporate Guarantee
Rentable SF
17,000
Price/Gross SF
$134.52
Lease Type
Double Net
Rent Per Square Feet
$8.07

Investment Highlights

  • New Five-Year Lease Extension - 10% Increase at Beginning of Final Renewal Option
  • Corporate Guarantee with The Boyd Group - Gerber Operates 700 Locations in the U.S.
  • Gerber has Occupied the Facility Since 2012 - Acquired Successful Operating Business

Investment Overview

30 Miles to Heart of Downtown Tampa - Top 20 MSA in the Country Population 230,000+ in 10 Mile Radius - 8.6 Miles to Interstate-75 Direct Frontage on FL-SR 54 Average Daily Traffic Count – 16,100+ City is Home to Zephyrhills Brand Water Bottle Co. Headquartered in Zephyrhills, Florida Scheduled Tenant Investment - Parking Lot Seal/Stripe has Been Approved

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower