Auto Parts
Caliber Collision | Cincinnati, OH
4039 Glenway Ave, Cincinnati, OH 45205
Listing Price: $1,256,000
Cap Rate
7.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
6.2
Guarantor
Corporate Guarantee
Rentable SF
16,886
Lease Type
Double Net
Rent Per Square Feet
$5.21
Investment Overview
Marcus & Millichap is pleased to bring to market Caliber Collision located in Cincinnati, OH.
Caliber Collision | Cincinnati, OH
Investment Highlights
- Caliber Collision Location Converted in 2020 With Additional Storage Tenant | 16,886-SF Building
- Caliber Has 6+ Years Remaining on a 10-Year NN Lease With 2% Annual Rental Increases in the Base Term and 5% Rental Increases in Each of Two, 5-Year Renewal Options
- Corporately Guaranteed Lease: Caliber Collision is The Largest Collision Repair Company in America | Storage Tenant Will Commence a 5 Year NNN Lease Upon Closing, No Landlord Responsibilities
- High Visibility On a Hard Signalized Corner Location With Pylon Signage and Signage Along the Front of the Property
- Proximity to Nationally Recognized Tenants, Including: Kroger, Walgreens, McDonald's, Dollar General, BP, Rally's and More | Adjacent to Elder and Seton High Schools, Private Schools With 1,300+ Students
- Strong Location 4 Miles From Downtown Cincinnati and 2 Miles From Western Hills Neighborhood, a Major Retail Hub in the Area
- Strong Demographics: Population Exceeds 273,200 Within 5-Miles of the Property and is Expected to Increase by 2027 | Daytime Population Exceeds 380,500
- The Cincinnati MSA Has a Population of Over 2.2 Million | Half of the U.S. Population Lives Within a 12 Hour Drive of Cincinnati
Exclusively Listed By
Financing By
Listing Price: $1,256,000
Cap Rate
7.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
6.2
Guarantor
Corporate Guarantee
Rentable SF
16,886
Lease Type
Double Net
Rent Per Square Feet
$5.21
Investment Highlights
- Caliber Collision Location Converted in 2020 With Additional Storage Tenant | 16,886-SF Building
- Caliber Has 6+ Years Remaining on a 10-Year NN Lease With 2% Annual Rental Increases in the Base Term and 5% Rental Increases in Each of Two, 5-Year Renewal Options
- Corporately Guaranteed Lease: Caliber Collision is The Largest Collision Repair Company in America | Storage Tenant Will Commence a 5 Year NNN Lease Upon Closing, No Landlord Responsibilities
- High Visibility On a Hard Signalized Corner Location With Pylon Signage and Signage Along the Front of the Property
- Proximity to Nationally Recognized Tenants, Including: Kroger, Walgreens, McDonald's, Dollar General, BP, Rally's and More | Adjacent to Elder and Seton High Schools, Private Schools With 1,300+ Students
- Strong Location 4 Miles From Downtown Cincinnati and 2 Miles From Western Hills Neighborhood, a Major Retail Hub in the Area
- Strong Demographics: Population Exceeds 273,200 Within 5-Miles of the Property and is Expected to Increase by 2027 | Daytime Population Exceeds 380,500
- The Cincinnati MSA Has a Population of Over 2.2 Million | Half of the U.S. Population Lives Within a 12 Hour Drive of Cincinnati
Investment Overview
Marcus & Millichap is pleased to bring to market Caliber Collision located in Cincinnati, OH.
Exclusively Listed By
Financing By
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