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Auto Parts

Cascade Collision Repair | Orem

1005 N State St, Orem, UT 84057

Listing Price: $4,358,459

Cap Rate
6.50%
Tenant Name
Cascade Collision Repair
Years Remaining On Lease
8.6
Gross SF
13,818
Guarantor
Corporate Guarantee
Rentable SF
13,818
Price/Gross SF
$315.42
Lease Type
Double Net
Rent Per Square Feet
$20.50

Investment Overview

Site Is Positioned Directly on US 89 (~53,000+ VPD). All Cascade Collision Repair Locations Leverage Their High Visibility and Convenient Access Along Highly Trafficked Thoroughfares.

Investment Highlights

  • Strong Tenant with Eight Year NN Lease.
  • Cascade Collision Repair Is a Region-Dominating Company with Prime Collision Center Locations Across Major Utah Markets.
  • Strong Three Percent (3%) Annual Rent Increases to Effectively Hedge Against Inflation.
  • 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.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) UT: 6250302-PB00

    Utah

Auto Parts

Cascade Collision Repair | Orem

Listing Price: $4,358,459

Cap Rate
6.50%
Tenant Name
Cascade Collision Repair
Years Remaining On Lease
8.6
Gross SF
13,818
Guarantor
Corporate Guarantee
Rentable SF
13,818
Price/Gross SF
$315.42
Lease Type
Double Net
Rent Per Square Feet
$20.50

Investment Highlights

  • Strong Tenant with Eight Year NN Lease.
  • Cascade Collision Repair Is a Region-Dominating Company with Prime Collision Center Locations Across Major Utah Markets.
  • Strong Three Percent (3%) Annual Rent Increases to Effectively Hedge Against Inflation.
  • 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.

Investment Overview

Site Is Positioned Directly on US 89 (~53,000+ 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

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