Auto Parts
Cascade Collision Repair | Cedar City
1580 S Providence Center Dr, Cedar City, UT 84720
Listing Price: $5,280,000
Cap Rate
6.25%
Tenant Name
Cascade Collision Repair
Years Remaining On Lease
15.4
Gross SF
16,107
Guarantor
Corporate Guarantee
Rentable SF
16,107
Price/Gross SF
$327.81
Lease Type
Absolute Net
Rent Per Square Feet
$20.49
Investment Overview
Signifi cant Tax Benefi ts - Subject Property Qualifi es for Tax Savings via Accelerated Depreciation and Cost Segregation. Please consult with your CPA.
Investment Highlights
- New 15-Year Absolute NNN Lease.
- Cascade Collision Repair is a region-dominating company with prime collision center locations across major Utah markets.
- Corporate Guaranteed by Quality Collision Group (QCG), a growing national owner and operator of OEM-certifi ed collision repair centers. Founded in 2020 and backed by Susquehanna Growth Equity, QCG al
- Passive investment opportunity with zero landlord responsibilities, located in the largest city in Iron County, Utah.
- Cedar City was voted the #1 small city in the nation to start a business and was voted the #3 fastest growing college town in the country.
- Strong three percent (3%) annual rent increases to effectively hedge against inflation.
- Brand new construction site positioned on irreplaceable frontage (37,000 VPD). All Cascade Collision Repair locations leverage their high visibility and convenient access along highly trafficked thoroughfares.
Broker of Record
Financing By
Listing Price: $5,280,000
Cap Rate
6.25%
Tenant Name
Cascade Collision Repair
Years Remaining On Lease
15.4
Gross SF
16,107
Guarantor
Corporate Guarantee
Rentable SF
16,107
Price/Gross SF
$327.81
Lease Type
Absolute Net
Rent Per Square Feet
$20.49
Investment Highlights
- New 15-Year Absolute NNN Lease.
- Cascade Collision Repair is a region-dominating company with prime collision center locations across major Utah markets.
- Corporate Guaranteed by Quality Collision Group (QCG), a growing national owner and operator of OEM-certifi ed collision repair centers. Founded in 2020 and backed by Susquehanna Growth Equity, QCG al
- Passive investment opportunity with zero landlord responsibilities, located in the largest city in Iron County, Utah.
- Cedar City was voted the #1 small city in the nation to start a business and was voted the #3 fastest growing college town in the country.
- Strong three percent (3%) annual rent increases to effectively hedge against inflation.
- Brand new construction site positioned on irreplaceable frontage (37,000 VPD). All Cascade Collision Repair locations leverage their high visibility and convenient access along highly trafficked thoroughfares.
Investment Overview
Signifi cant Tax Benefi ts - Subject Property Qualifi es for Tax Savings via Accelerated Depreciation and Cost Segregation. Please consult with your CPA.