Auto Service - Gas-Conv
Caliber Collision | North Carolina | 15Yr Absolute Net Lease | 2023 Renovation | Adjacent to Walmart
208 W Fairfield Rd, High Point, NC 27263
Listing Price: $4,608,000
Investment Overview
High Point is a city located in the Piedmont Triad region of North Carolina. It is the ninth-largest municipality in the state, with a population of approximately 110,000 people. High Point is known as the “Furniture Capital of the World” because it is home to numerous furniture manufacturers and related businesses. High Point is also home to several institutions of higher education, including High Point University, a private liberal arts college with a focus on business and entrepreneurship. The city is served by the Piedmont Triad International Airport, which is located approximately 15 miles west of downtown. In addition to its furniture industry and educational institutions, High Point is known for hosting the semi-annual High Point Market, a trade show for furniture and home decor industry professionals. The event attracts visitors from all over the world and is a major economic driver for the city. High Point has a diverse economy that includes healthcare, logistics, and advanced manufacturing. The city has a number of parks and recreational facilities, including the High Point City Lake Park, which features a 540-acre lake for fishing and boating, as well as hiking trails and picnic areas. Overall, High Point is a thriving city with a rich history and culture.
Caliber Collision | North Carolina | 15Yr Absolute Net Lease | 2023 Renovation | Adjacent to Walmart
Investment Highlights
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2023 Renovation.
- Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,600 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.
- Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 12k Vehicles.
- Adjacent to Walmart Supercenter and Surrounded by Numerous other National Retailers including ALDI, Food Lion, Walgreens, dd's Discounts, Roses Discount Store and many more.
- Features more than 94k People Residing within a 5-Mile Radius. High Point's Population has Experienced Moderate Growth over the past few Decades.
- In Close Proximity to High Point Regional Hospital - a 350-bed, Flagship Hospital of the High Point Regional Health System, which Includes Several other Healthcare Facilities in the Area.
- Minutes from High Point University - a Private Liberal Arts University that Offers a Variety of Undergraduate and Graduate Programs w/ a Total Enrollment of approximately 5,500 Students. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Exclusively Listed By
Broker of Record
Financing By
Auto Service - Gas-Conv
Caliber Collision | North Carolina | 15Yr Absolute Net Lease | 2023 Renovation | Adjacent to Walmart
Listing Price: $4,608,000
Investment Highlights
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2023 Renovation.
- Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,600 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.
- Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 12k Vehicles.
- Adjacent to Walmart Supercenter and Surrounded by Numerous other National Retailers including ALDI, Food Lion, Walgreens, dd's Discounts, Roses Discount Store and many more.
- Features more than 94k People Residing within a 5-Mile Radius. High Point's Population has Experienced Moderate Growth over the past few Decades.
- In Close Proximity to High Point Regional Hospital - a 350-bed, Flagship Hospital of the High Point Regional Health System, which Includes Several other Healthcare Facilities in the Area.
- Minutes from High Point University - a Private Liberal Arts University that Offers a Variety of Undergraduate and Graduate Programs w/ a Total Enrollment of approximately 5,500 Students. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Investment Overview
High Point is a city located in the Piedmont Triad region of North Carolina. It is the ninth-largest municipality in the state, with a population of approximately 110,000 people. High Point is known as the “Furniture Capital of the World” because it is home to numerous furniture manufacturers and related businesses. High Point is also home to several institutions of higher education, including High Point University, a private liberal arts college with a focus on business and entrepreneurship. The city is served by the Piedmont Triad International Airport, which is located approximately 15 miles west of downtown. In addition to its furniture industry and educational institutions, High Point is known for hosting the semi-annual High Point Market, a trade show for furniture and home decor industry professionals. The event attracts visitors from all over the world and is a major economic driver for the city. High Point has a diverse economy that includes healthcare, logistics, and advanced manufacturing. The city has a number of parks and recreational facilities, including the High Point City Lake Park, which features a 540-acre lake for fishing and boating, as well as hiking trails and picnic areas. Overall, High Point is a thriving city with a rich history and culture.
Exclusively Listed By
Broker of Record
Financing By
