Auto Service - Gas-Conv
Caliber Collision Center | Cleveland MSA | 15 Year Absolute Net Lease | Brand New 2025 Construction
7515 Tyler Boulevard, Mentor (Cleveland MSA), OH 44060
Listing Price: $5,048,364
Investment Overview
Mentor is the largest city in Lake County, Ohio. The population was 47,450 at the 2020 census. It is part of the Cleveland metropolitan area. The city is home to Headlands Beach State Park, the longest public swimming beach in Ohio and is a major center of retail stores, ranking sixth-largest in Ohio as of 2012, and restaurants, ranking seventh-largest in the state as of 2012. Mentor Avenue (US 20) is the major retail center, which includes the Great Lakes Mall, with additional shopping and strip malls found along most major roads. Convenient Food Mart is based in Mentor. Major products include medical related, polymers, plastics, electric boards and other peripherals that generally serve the computer and automation industries. Two major railroads pass through the city, CSX Transportation and Norfolk Southern. Medical equipment company Steris is based in Mentor. The Cleveland metropolitan area, or Greater Cleveland as it is more commonly known, is the metropolitan area surrounding the city of Cleveland in Northeast Ohio. According to the 2020 census results, the six-county Cleveland, OH Metropolitan Statistical Area (MSA) consists of Cuyahoga County, Ashtabula County, Geauga County, Lake County, Lorain County, and Medina County, and has a population of 2,185,825, making it the 33rd-most populous metropolitan area in the United States and the third largest metropolitan area in Ohio.The metro area is also part of the larger Cleveland–Akron–Canton Combined Statistical Area with a population of over 3.7 million people, the most populous statistical area in Ohio and the 17th most populous in the United States.
Caliber Collision Center | Cleveland MSA | 15 Year Absolute Net Lease | Brand New 2025 Construction
Investment Highlights
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2025 Construction.
- 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.
- Densely Populated & Affluent Area: Features an Average Household Income of more than $88k within a 1-Mile Radius and more than 106k People Residing within a 5-Mile Radius.
- Positioned Along Area's Retail, Industrial and Traffic Corridor. Features Easy Access and Excellent Visibility. Immediate Access to/from Lakeland Freeway / State Route 2 (74k+ VPD).
- Located Across from Great Lakes Mall - a 1.2M Sq.Ft. Shopping Center Anchored by Dick's Sporting Goods, Dillard's, JCPenney, a Movie Theater and features more than 125 Retail Stores and Restaurants.
- Minutes from Numerous Auto Dealerships and Auto Service Centers including Nissan, Ford, Chevrolet, Hyundai, Toyota, Honda, Audi, Volkswagen, Mazda, Cadillac and many more.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
Auto Service - Gas-Conv
Caliber Collision Center | Cleveland MSA | 15 Year Absolute Net Lease | Brand New 2025 Construction
Listing Price: $5,048,364
Investment Highlights
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2025 Construction.
- 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.
- Densely Populated & Affluent Area: Features an Average Household Income of more than $88k within a 1-Mile Radius and more than 106k People Residing within a 5-Mile Radius.
- Positioned Along Area's Retail, Industrial and Traffic Corridor. Features Easy Access and Excellent Visibility. Immediate Access to/from Lakeland Freeway / State Route 2 (74k+ VPD).
- Located Across from Great Lakes Mall - a 1.2M Sq.Ft. Shopping Center Anchored by Dick's Sporting Goods, Dillard's, JCPenney, a Movie Theater and features more than 125 Retail Stores and Restaurants.
- Minutes from Numerous Auto Dealerships and Auto Service Centers including Nissan, Ford, Chevrolet, Hyundai, Toyota, Honda, Audi, Volkswagen, Mazda, Cadillac and many more.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Investment Overview
Mentor is the largest city in Lake County, Ohio. The population was 47,450 at the 2020 census. It is part of the Cleveland metropolitan area. The city is home to Headlands Beach State Park, the longest public swimming beach in Ohio and is a major center of retail stores, ranking sixth-largest in Ohio as of 2012, and restaurants, ranking seventh-largest in the state as of 2012. Mentor Avenue (US 20) is the major retail center, which includes the Great Lakes Mall, with additional shopping and strip malls found along most major roads. Convenient Food Mart is based in Mentor. Major products include medical related, polymers, plastics, electric boards and other peripherals that generally serve the computer and automation industries. Two major railroads pass through the city, CSX Transportation and Norfolk Southern. Medical equipment company Steris is based in Mentor. The Cleveland metropolitan area, or Greater Cleveland as it is more commonly known, is the metropolitan area surrounding the city of Cleveland in Northeast Ohio. According to the 2020 census results, the six-county Cleveland, OH Metropolitan Statistical Area (MSA) consists of Cuyahoga County, Ashtabula County, Geauga County, Lake County, Lorain County, and Medina County, and has a population of 2,185,825, making it the 33rd-most populous metropolitan area in the United States and the third largest metropolitan area in Ohio.The metro area is also part of the larger Cleveland–Akron–Canton Combined Statistical Area with a population of over 3.7 million people, the most populous statistical area in Ohio and the 17th most populous in the United States.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
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