Auto Service - Gas-Conv
Gerber Collision | Absolute NNN | 15 Yr Lease
2810 Industrial Plaza Dr, Tallahassee, FL 32301
Listing Price: $3,875,000
Investment Overview
2nd Largest Multi-shop Operator (MSO) in the Industry
Large Format Body Shop (3 Buildings) | Low Rent / Square Foot
Strong Demographics | 266,886+ Residents Within 10 Miles
Industrial Market Vacancy is Less than 2% with Rents Exceeding $9.10/SF [per Costar Data]
Tallahassee is the Capital of Florida and Home to Three Institutions of Higher Learning – 50,000 Students Collectively
Auto Service - Gas-Conv
Gerber Collision | Absolute NNN | 15 Yr Lease
Listing Price: $3,875,000
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 Large Format Body Shop (3 Buildings) | Low Rent / Square Foot Strong Demographics | 266,886+ Residents Within 10 Miles Industrial Market Vacancy is Less than 2% with Rents Exceeding $9.10/SF [per Costar Data] Tallahassee is the Capital of Florida and Home to Three Institutions of Higher Learning – 50,000 Students Collectively
