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Auto Parts

Cascade Collision Repair | Spanish Fork

1912 N Main St, Spanish Fork, UT 84660

Listing Price: $6,062,400

Cap Rate
6.70%
Tenant Name
Cascade Collision Repair
Years Remaining On Lease
8.9
Gross SF
22,638
Guarantor
Corporate Guarantee
Rentable SF
22,638
Price/Gross SF
$267.80
Lease Type
Double Net
Rent Per Square Feet
$17.93

Investment Overview

ignifi 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 10-Year NN Lease.
  • Cascade Collision Repair is a region-dominating company with prime collision center locations across major Utah markets.
  • The brand is now owned by Quality Collision Group (QCG), a growing national owner and operator of OEM-certifi ed collision repair centers.
  • Passive investment opportunity with minimal landlord responsibilities.
  • Tenant more than doubled their footprint (12,000 additional SF) with brand new 2024 expansion, demonstrating serious commitment to the site.
  • Strong three percent (3%) annual rent increases to effectively hedge against inflation.
  • Brand new 2024 expansion, doubling the site's footprint, positioned directly off of I-15 (109,000+ 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

Auto Parts

Cascade Collision Repair | Spanish Fork

Listing Price: $6,062,400

Cap Rate
6.70%
Tenant Name
Cascade Collision Repair
Years Remaining On Lease
8.9
Gross SF
22,638
Guarantor
Corporate Guarantee
Rentable SF
22,638
Price/Gross SF
$267.80
Lease Type
Double Net
Rent Per Square Feet
$17.93

Investment Highlights

  • New 10-Year NN Lease.
  • Cascade Collision Repair is a region-dominating company with prime collision center locations across major Utah markets.
  • The brand is now owned by Quality Collision Group (QCG), a growing national owner and operator of OEM-certifi ed collision repair centers.
  • Passive investment opportunity with minimal landlord responsibilities.
  • Tenant more than doubled their footprint (12,000 additional SF) with brand new 2024 expansion, demonstrating serious commitment to the site.
  • Strong three percent (3%) annual rent increases to effectively hedge against inflation.
  • Brand new 2024 expansion, doubling the site's footprint, positioned directly off of I-15 (109,000+ VPD). All Cascade Collision Repair locations leverage their high visibility and convenient access along highly trafficked thoroughfares.

Investment Overview

ignifi cant Tax Benefi ts - Subject Property Qualifi es for Tax Savings via Accelerated Depreciation and Cost Segregation. Please consult with your CPA.

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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