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Caliber Collision

3010 N Main St, Fuquay-Varina, NC 27526

Listing Price: $3,267,000

Cap Rate
6.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
10.4
Gross SF
16,322
Guarantor
Corporate Guarantee
Rentable SF
16,322
Price/Gross SF
$200.16
Lease Type
Absolute Net
Rent Per Square Feet
$13.01

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering for a Caliber Collision located at 3010 North Main Street, Fuquay Varina, NC 27526.

Investment Highlights

  • 100% Occupied 16,322-SF Corporate Caliber Collision Center on a Large +/- 2.11-AC Lot.
  • Absolute NNN Lease with 10+ Years Remaining and 2, 5-Year Options, Ensuring Long-Term Stability.
  • No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot.
  • The Lease Features a 2% Annual Rental Escalation Throughout the Primary Term and each Option Period.
  • Located Directly Off The Main Thoroughfare, State Road 401, With Over 21,000+ VPD.
  • Positioned In Close Proximity To Gold Leaf Crossing, A Multi-Phase Development Introducing 800,000 SF Of Retail Space Anchored By Target.
  • Fuquay Varina Is Anticipated To Experience Significant Population Growth, Supported By Several Large-scale Residential Developments Currently Underway, Including South Lake Subdivision, Carolina Gardens, High Grove Oaks, Brighton Ridge, Madison Park, And More.
  • Located within 3.5 Mile Drive to Newly Constructed $2.5B State Road 540. The Project Will Help Boost Economic Development in Eastern & Southern Wake County.

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

Caliber Collision

Listing Price: $3,267,000

Cap Rate
6.50%
Tenant Name
Caliber Collision
Years Remaining On Lease
10.4
Gross SF
16,322
Guarantor
Corporate Guarantee
Rentable SF
16,322
Price/Gross SF
$200.16
Lease Type
Absolute Net
Rent Per Square Feet
$13.01

Investment Highlights

  • 100% Occupied 16,322-SF Corporate Caliber Collision Center on a Large +/- 2.11-AC Lot.
  • Absolute NNN Lease with 10+ Years Remaining and 2, 5-Year Options, Ensuring Long-Term Stability.
  • No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot.
  • The Lease Features a 2% Annual Rental Escalation Throughout the Primary Term and each Option Period.
  • Located Directly Off The Main Thoroughfare, State Road 401, With Over 21,000+ VPD.
  • Positioned In Close Proximity To Gold Leaf Crossing, A Multi-Phase Development Introducing 800,000 SF Of Retail Space Anchored By Target.
  • Fuquay Varina Is Anticipated To Experience Significant Population Growth, Supported By Several Large-scale Residential Developments Currently Underway, Including South Lake Subdivision, Carolina Gardens, High Grove Oaks, Brighton Ridge, Madison Park, And More.
  • Located within 3.5 Mile Drive to Newly Constructed $2.5B State Road 540. The Project Will Help Boost Economic Development in Eastern & Southern Wake County.

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering for a Caliber Collision located at 3010 North Main Street, Fuquay Varina, NC 27526.

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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