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Auto Service - Gas-Conv

Gerber Collision | Absolute NNN | 15 Yr Lease

1503 SW 10th St, Ocala, FL 34471

Listing Price: $2,671,000

Cap Rate
5.75%
Tenant Name
Gerber Collision
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
14,040
Lease Type
Absolute Net
Rent Per Square Feet
$10.94

Investment Overview

2nd Largest Multi-shop Operator (MSO) in the Industry

Located on “Dealership Row”| Over 26,500 Vehicles/Day

Fully Air-Conditioned Facility| $2.3M+ in Site Improvements

Ocala’s Notable Attractions Include: Ocala National Forest, Silver Springs State Park, College of Central Florida, and the World Equestrian Center | 211,432+ Residents Within 10 Miles

Florida is an Income Tax Free State

Investment Highlights

  • New Fifteen-Year Absolute Triple Net Lease
  • 10% Rental Increases Every Five Years | Avg 6.35% Cap Rate
  • Corp. Guaranty with Boyd Group US. | 900+ Locations

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Gerber Collision | Absolute NNN | 15 Yr Lease

Listing Price: $2,671,000

Cap Rate
5.75%
Tenant Name
Gerber Collision
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
14,040
Lease Type
Absolute Net
Rent Per Square Feet
$10.94

Investment Highlights

  • New Fifteen-Year Absolute Triple Net Lease
  • 10% Rental Increases Every Five Years | Avg 6.35% Cap Rate
  • Corp. Guaranty with Boyd Group US. | 900+ Locations

Investment Overview

2nd Largest Multi-shop Operator (MSO) in the Industry Located on “Dealership Row”| Over 26,500 Vehicles/Day Fully Air-Conditioned Facility| $2.3M+ in Site Improvements Ocala’s Notable Attractions Include: Ocala National Forest, Silver Springs State Park, College of Central Florida, and the World Equestrian Center | 211,432+ Residents Within 10 Miles Florida is an Income Tax Free State

Exclusively Listed By

Financing By

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