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Auto Service - Gas-Conv

Caliber Collision | 10 Yr Lease Extension

7431 Broad River Rd, Irmo, SC 29063

Listing Price: $2,160,000

Cap Rate
6.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
8.9
Guarantor
Corporate Guarantee
Rentable SF
16,780
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.69

Investment Overview

• Corporate Lease with Caliber Collision
- Nation’s Largest Autobody Repair Company
• Recently Extended Ten-Year Triple Net Lease
- Three 5-Year Options with Fair Market Rent Upside
• Large Format Shop [17,000 SF] on 1.92 Acres
- CoStar Estimates Market Rent at $18.16/SF
• 150’ of Direct Frontage on Broad River Road
- Traffic Counts 13,500+ Vehicles per Day
• Recent Capital Expenditures ($85,000+)
- Newer Roof, HVAC, Retaining Wall, Parking Lot
• Strong Market Fundamentals
- Population of 89,735 within a Five Mile Radius
• Successful Longstanding Operating Business
- 20+ Years of Historical Occupancy
• Located in a Major Retail Corridor
- 12 Miles from Columbia, Capital of South Carolina

Investment Highlights

  • • Corporate Lease with Caliber Collision - Nation's Largest Autobody Repair Company
  • • Recently Extended Ten-Year Triple Net Lease - Three 5-Year Options with Fair Market Rent Upside
  • • Large Format Shop [17,000 SF] on 1.92 Acres - CoStar Estimates Market Rent at $18.16/SF
  • • 150' of Direct Frontage on Broad River Road - Traffic Counts 13,500+ Vehicles per Day
  • • Recent Capital Expenditures ($85,000+) - Newer Roof, HVAC, Retaining Wall, Parking Lot
  • • Strong Market Fundamentals - Population of 89,735 within a Five Mile Radius
  • • Successful Longstanding Operating Business - 20+ Years of Historical Occupancy
  • • Located in a Major Retail Corridor - 12 Miles from Columbia, Capital of South Carolina

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Managing Director, Market Leader - Carolinas

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Auto Service - Gas-Conv

Caliber Collision | 10 Yr Lease Extension

Listing Price: $2,160,000

Cap Rate
6.75%
Tenant Name
Caliber Collision
Years Remaining On Lease
8.9
Guarantor
Corporate Guarantee
Rentable SF
16,780
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.69

Investment Highlights

  • • Corporate Lease with Caliber Collision - Nation's Largest Autobody Repair Company
  • • Recently Extended Ten-Year Triple Net Lease - Three 5-Year Options with Fair Market Rent Upside
  • • Large Format Shop [17,000 SF] on 1.92 Acres - CoStar Estimates Market Rent at $18.16/SF
  • • 150' of Direct Frontage on Broad River Road - Traffic Counts 13,500+ Vehicles per Day
  • • Recent Capital Expenditures ($85,000+) - Newer Roof, HVAC, Retaining Wall, Parking Lot
  • • Strong Market Fundamentals - Population of 89,735 within a Five Mile Radius
  • • Successful Longstanding Operating Business - 20+ Years of Historical Occupancy
  • • Located in a Major Retail Corridor - 12 Miles from Columbia, Capital of South Carolina

Investment Overview

• Corporate Lease with Caliber Collision - Nation’s Largest Autobody Repair Company • Recently Extended Ten-Year Triple Net Lease - Three 5-Year Options with Fair Market Rent Upside • Large Format Shop [17,000 SF] on 1.92 Acres - CoStar Estimates Market Rent at $18.16/SF • 150’ of Direct Frontage on Broad River Road - Traffic Counts 13,500+ Vehicles per Day • Recent Capital Expenditures ($85,000+) - Newer Roof, HVAC, Retaining Wall, Parking Lot • Strong Market Fundamentals - Population of 89,735 within a Five Mile Radius • Successful Longstanding Operating Business - 20+ Years of Historical Occupancy • Located in a Major Retail Corridor - 12 Miles from Columbia, Capital of South Carolina

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Managing Director, Market Leader - Carolinas

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

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