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Auto Parts

Caliber Collision | NN 9+ Years Remaining | 2% Annual Increases | $42K Renovations | Mansfield, OH

892 Park Ave E, Mansfield, OH 44905

Listing Price: $1,226,667

Cap Rate
6.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
9.6
Guarantor
Corporate Guarantee
Rentable SF
14,412
Lease Type
Double Net
Rent Per Square Feet
$5.75

Investment Overview

Marcus & Millichap is pleased to bring to market Caliber Collision located in Mansfield, OH.

Investment Highlights

  • Caliber Collision Location with Over Nine Years Remaining on a Double Net Lease | Two, Five-Year Renewal Options
  • Minimal Landlord Responsibilities with 2 Percent Annual Rental Increases in Base Term and in Each Option
  • Corporately Guaranteed Lease: Caliber Collision is The Largest Collision Repair Company in America
  • Over $42,000 in Recent Renovations Including Roof Upgrades in 2023, Rear Lot Resurfaced in 2022
  • Property Sits on Three Parcels with Large Parking Lot, Signage and Excellent Visibility Along Park Avenue East
  • Located in a Dense Industrial Corridor Near Multiple Automotive Repair Shop Tenants | Adjacent to 7-Eleven Gas Station
  • Two Miles Off of Interstate 71, Connecting Cleveland to Columbus and Cincinnati | One and a Half Miles From Downtown Mansfield, One Hour From Cleveland and Columbus
  • Strong Demographics: Population Exceeds 67,800 Within Five Miles | Mansfield MSA has a Population Over 124,000

Exclusively Listed By

Financing By

Auto Parts

Caliber Collision | NN 9+ Years Remaining | 2% Annual Increases | $42K Renovations | Mansfield, OH

Listing Price: $1,226,667

Cap Rate
6.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
9.6
Guarantor
Corporate Guarantee
Rentable SF
14,412
Lease Type
Double Net
Rent Per Square Feet
$5.75

Investment Highlights

  • Caliber Collision Location with Over Nine Years Remaining on a Double Net Lease | Two, Five-Year Renewal Options
  • Minimal Landlord Responsibilities with 2 Percent Annual Rental Increases in Base Term and in Each Option
  • Corporately Guaranteed Lease: Caliber Collision is The Largest Collision Repair Company in America
  • Over $42,000 in Recent Renovations Including Roof Upgrades in 2023, Rear Lot Resurfaced in 2022
  • Property Sits on Three Parcels with Large Parking Lot, Signage and Excellent Visibility Along Park Avenue East
  • Located in a Dense Industrial Corridor Near Multiple Automotive Repair Shop Tenants | Adjacent to 7-Eleven Gas Station
  • Two Miles Off of Interstate 71, Connecting Cleveland to Columbus and Cincinnati | One and a Half Miles From Downtown Mansfield, One Hour From Cleveland and Columbus
  • Strong Demographics: Population Exceeds 67,800 Within Five Miles | Mansfield MSA has a Population Over 124,000

Investment Overview

Marcus & Millichap is pleased to bring to market Caliber Collision located in Mansfield, OH.

Exclusively Listed By

Financing By

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