Skip to main content

Auto Service - Gas-Conv

Caliber Collision | Coastal North Carolina | 15 Year Absolute Net Lease | 2024 Renovation

2679 Richlands Hwy, Jacksonville (Coastal NC), NC 28540

Listing Price: $3,041,446

Cap Rate
6.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
15,873
Guarantor
Corporate Guarantee
Rentable SF
15,873
Price/Gross SF
$191.61
Lease Type
Absolute Net
Rent Per Square Feet
$12.45

Investment Overview

Jacksonville is a city in Onslow County, North Carolina, United States. As of the 2020 census, the population was 72,723, which makes Jacksonville the 14th-most populous city in North Carolina. Jacksonville is the county seat and most populous community of Onslow County, which is coterminous with the Jacksonville, NC Metropolitan Statistical Area. Demographically, Jacksonville is the youngest city in the United States, with an average age of 22.8 years old, which can be attributed to the large military presence. The low age may also be in part due to the population drastically going up over the past 80 years, from 783 in the 1930 census to 72,876 in the 2021 Census estimate. It is the home of the United States Marine Corps’ Camp Lejeune and New River Air Station. Jacksonville is located adjacent to North Carolina’s Crystal Coast area. Today, Jacksonville’s primary industry is retail sales and services. The primary migration draw continues to be the U.S. Marine Corps.

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 is the Nation's Largest Collision Repair provider, with more than 1,700 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 26k Vehicles.
  • Pad to a Walmart Supercenter and Lowe's Anchored Power Center and near Numerous other National Retailers including ALDI, Walgreens, Tractor Supply, PetSmart and many more.
  • In Close Proximity to Unites States Marine Corps' Camp Lejeune (41k+ Active Duty Population), New River Air Station (6k+ Active Duty Population) and other Satellite Camps, makes it the Largest Concentration of Marines and Sailors in the World.
  • A Short Drive from Onslow Memorial Hospital - a 162 Bed Acute Care Community Hospital serving the City of Jacksonville.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Financing By

Auto Service - Gas-Conv

Caliber Collision | Coastal North Carolina | 15 Year Absolute Net Lease | 2024 Renovation

Listing Price: $3,041,446

Cap Rate
6.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.3
Gross SF
15,873
Guarantor
Corporate Guarantee
Rentable SF
15,873
Price/Gross SF
$191.61
Lease Type
Absolute Net
Rent Per Square Feet
$12.45

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 is the Nation's Largest Collision Repair provider, with more than 1,700 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 26k Vehicles.
  • Pad to a Walmart Supercenter and Lowe's Anchored Power Center and near Numerous other National Retailers including ALDI, Walgreens, Tractor Supply, PetSmart and many more.
  • In Close Proximity to Unites States Marine Corps' Camp Lejeune (41k+ Active Duty Population), New River Air Station (6k+ Active Duty Population) and other Satellite Camps, makes it the Largest Concentration of Marines and Sailors in the World.
  • A Short Drive from Onslow Memorial Hospital - a 162 Bed Acute Care Community Hospital serving the City of Jacksonville.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

Jacksonville is a city in Onslow County, North Carolina, United States. As of the 2020 census, the population was 72,723, which makes Jacksonville the 14th-most populous city in North Carolina. Jacksonville is the county seat and most populous community of Onslow County, which is coterminous with the Jacksonville, NC Metropolitan Statistical Area. Demographically, Jacksonville is the youngest city in the United States, with an average age of 22.8 years old, which can be attributed to the large military presence. The low age may also be in part due to the population drastically going up over the past 80 years, from 783 in the 1930 census to 72,876 in the 2021 Census estimate. It is the home of the United States Marine Corps’ Camp Lejeune and New River Air Station. Jacksonville is located adjacent to North Carolina’s Crystal Coast area. Today, Jacksonville’s primary industry is retail sales and services. The primary migration draw continues to be the U.S. Marine Corps.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

Financing By

MM Texture Background
MM Textured Background Lower