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Auto Parts

Gerber Collision & Glass

25 Green St, Akron, OH 44303

Listing Price: $1,161,290

Cap Rate
7.75%
Tenant Name
Gerber Collision & Glass
Years Remaining On Lease
1.9
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Double Net
Rent Per Square Feet
$6.07

Investment Overview

-

Investment Highlights

  • Long-Term Operating History — Tenant has Operated at Location for Over 13 Years
  • Roof Was Just Replaced in September of 2022 and Has a Transferable Warranty
  • Three, Five-Year Renewal Options with 10% Increases at Beginning of Each Option
  • Strategically Located in Downtown Akron with Visibility to Almost 45,000 Vehicles Per Day
  • Just Under One Mile North of Akron Children's Hospital – Ranked Among the Best Children's Hospitals by U.S. News & World Report
  • Nearby Retail Includes Wendy's, Subway, Speedway, Enterprise Rent-A-Car, McDonald's, and More

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Auto Parts

Gerber Collision & Glass

Listing Price: $1,161,290

Cap Rate
7.75%
Tenant Name
Gerber Collision & Glass
Years Remaining On Lease
1.9
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Double Net
Rent Per Square Feet
$6.07

Investment Highlights

  • Long-Term Operating History — Tenant has Operated at Location for Over 13 Years
  • Roof Was Just Replaced in September of 2022 and Has a Transferable Warranty
  • Three, Five-Year Renewal Options with 10% Increases at Beginning of Each Option
  • Strategically Located in Downtown Akron with Visibility to Almost 45,000 Vehicles Per Day
  • Just Under One Mile North of Akron Children's Hospital – Ranked Among the Best Children's Hospitals by U.S. News & World Report
  • Nearby Retail Includes Wendy's, Subway, Speedway, Enterprise Rent-A-Car, McDonald's, and More

Investment Overview

-

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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