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Auto Service - Gas-Conv

Classic Collision - New 10 Year Lease

935 W Main St, Forest City, NC 28043

Listing Price: $2,500,000

Cap Rate
7.20%
Tenant Name
Classic Collision
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
22,152
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.13

Investment Overview

Corporate Lease with Classic Collision LLC
- 300 Locations Nationwide and Counting

Triple Net (NNN) Offering
- Minimal Landlord Obligations | Passive Ownership
 
360 Feet of Frontage on West Main Street
- Average Daily Traffic Count of 7,700 Cars Per Day
 
Recent Acquisition of Operating Business [2024]
- Part of Seven-Unit “Absolute Collision” Acquisition
 
Rental Increases Every Five Years Including Options
- Three Five-Year Extensions to Renew
 
Fourth Largest Multi-Shop Operator (MSO) in the Industry
- Backed by 6th Largest Private Equity Fund in the World (per PEI 300)
 
5 Miles from $650 Million Facebook Data Center Campus
- Rutherford County has a population of 67,810 and is centrally located between Charlotte, NC,
Asheville, NC, and Greenville, SC

Investment Highlights

  • Triple Net (NNN) Offering
  • Recent Acquisition of Operating Business [2024]
  • Fourth Largest Multi-Shop Operator (MSO) in the Industry

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Financing By

Auto Service - Gas-Conv

Classic Collision - New 10 Year Lease

Listing Price: $2,500,000

Cap Rate
7.20%
Tenant Name
Classic Collision
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
22,152
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.13

Investment Highlights

  • Triple Net (NNN) Offering
  • Recent Acquisition of Operating Business [2024]
  • Fourth Largest Multi-Shop Operator (MSO) in the Industry

Investment Overview

Corporate Lease with Classic Collision LLC - 300 Locations Nationwide and Counting Triple Net (NNN) Offering - Minimal Landlord Obligations | Passive Ownership   360 Feet of Frontage on West Main Street - Average Daily Traffic Count of 7,700 Cars Per Day   Recent Acquisition of Operating Business [2024] - Part of Seven-Unit “Absolute Collision” Acquisition   Rental Increases Every Five Years Including Options - Three Five-Year Extensions to Renew   Fourth Largest Multi-Shop Operator (MSO) in the Industry - Backed by 6th Largest Private Equity Fund in the World (per PEI 300)   5 Miles from $650 Million Facebook Data Center Campus - Rutherford County has a population of 67,810 and is centrally located between Charlotte, NC, Asheville, NC, and Greenville, SC

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

Financing By

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