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Auto Parts

Cascade Collision Repair | Midvale

8062 State St, Midvale, UT 84047

Listing Price: $3,276,923

Cap Rate
6.50%
Tenant Name
Cascade Collision Repair
Years Remaining On Lease
14.3
Gross SF
11,388
Guarantor
Corporate Guarantee
Rentable SF
11,388
Price/Gross SF
$287.75
Lease Type
Double Net
Rent Per Square Feet
$18.70

Investment Overview

Newly renovated site positioned on trafficked corridor (26,000 VPD). All Cascade Collision Repair locations leverage their high visibility and convenient access along highly trafficked thoroughfares.

Investment Highlights

  • New 15-Year Lease with Minimal Landlord Responsibilities.
  • Cascade Collision Repair is a region-dominating company with prime collision center locations across major Utah markets.
  • Passive investment opportunity nestled in Midvale, the heart of Salt Lake City MSA. The city is centrally located in the most populous county in Utah.
  • 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 already has more than 71 locations across 10 states.
  • Strong three percent (3%) annual rent increases to effectively hedge against inflation.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) UT: 6250302-PB00

    Utah

Financing By

Auto Parts

Cascade Collision Repair | Midvale

Listing Price: $3,276,923

Cap Rate
6.50%
Tenant Name
Cascade Collision Repair
Years Remaining On Lease
14.3
Gross SF
11,388
Guarantor
Corporate Guarantee
Rentable SF
11,388
Price/Gross SF
$287.75
Lease Type
Double Net
Rent Per Square Feet
$18.70

Investment Highlights

  • New 15-Year Lease with Minimal Landlord Responsibilities.
  • Cascade Collision Repair is a region-dominating company with prime collision center locations across major Utah markets.
  • Passive investment opportunity nestled in Midvale, the heart of Salt Lake City MSA. The city is centrally located in the most populous county in Utah.
  • 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 already has more than 71 locations across 10 states.
  • Strong three percent (3%) annual rent increases to effectively hedge against inflation.

Investment Overview

Newly renovated site positioned on trafficked corridor (26,000 VPD). All Cascade Collision Repair locations leverage their high visibility and convenient access along highly trafficked thoroughfares.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): UT: 6250302-PB00

    Utah

Financing By

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