Auto Parts
Caliber Collision | New 15 Year Absolute Net Lease | Dense Retail and Residential Area
1661 NW Maynard Rd, Cary, NC 27513
Listing Price: $4,942,000
Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
18,402
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.11
Investment Overview
Marcus & Millichap is pleased to present the offering for Caliber Collision in Cary, NC.
Caliber Collision | New 15 Year Absolute Net Lease | Dense Retail and Residential Area
Investment Highlights
- 18,402-SF Single Tenant Corporate Caliber Collision on a Large +/- 3.14-AC Lot | New 15 Year Lease Starting at Close of Escrow With 2, Five-Year Renewal Options, Ensuring Long-Term Stability
- Absolute Net Lease With 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.
- This Caliber Location is Ranked in the 98th Percentile For Site Visits Nationwide and 3rd Overall in the State According to Placer.ai
- Located in a Dense Residential and Retail Corridor. 12 Miles From Downtown Raleigh. New Census Data Ranks the Raleigh-Cary Area as the 10th Fastest-Growing Metro Area in the US, Wake County Had the Fifth Most Growth of Any County in 2025.
- Cary is Consistently Recognized as a Best Place to Live and One of the Safest Cities in America by Multiple Publications.
- Situated Along NW Maynard Road, a Major Road Surrounding the Downtown Cary Area, Seeing 21,000 Vehicles Per Day (VPD) | Easy Access to Both Interstate 40 and US 64 With Easy Access to the Entire Raleigh-Durham-Chapel Hill Triangle.
- 2 Miles From Park West Village, a Dense 750,000-SF Mixed Use Development With Over 500 Apartment Units and Multiple Nation Retail Tenants
Auto Parts
Caliber Collision | New 15 Year Absolute Net Lease | Dense Retail and Residential Area
Listing Price: $4,942,000
Cap Rate
6.00%
Tenant Name
Caliber Collision
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
18,402
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.11
Investment Highlights
- 18,402-SF Single Tenant Corporate Caliber Collision on a Large +/- 3.14-AC Lot | New 15 Year Lease Starting at Close of Escrow With 2, Five-Year Renewal Options, Ensuring Long-Term Stability
- Absolute Net Lease With 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.
- This Caliber Location is Ranked in the 98th Percentile For Site Visits Nationwide and 3rd Overall in the State According to Placer.ai
- Located in a Dense Residential and Retail Corridor. 12 Miles From Downtown Raleigh. New Census Data Ranks the Raleigh-Cary Area as the 10th Fastest-Growing Metro Area in the US, Wake County Had the Fifth Most Growth of Any County in 2025.
- Cary is Consistently Recognized as a Best Place to Live and One of the Safest Cities in America by Multiple Publications.
- Situated Along NW Maynard Road, a Major Road Surrounding the Downtown Cary Area, Seeing 21,000 Vehicles Per Day (VPD) | Easy Access to Both Interstate 40 and US 64 With Easy Access to the Entire Raleigh-Durham-Chapel Hill Triangle.
- 2 Miles From Park West Village, a Dense 750,000-SF Mixed Use Development With Over 500 Apartment Units and Multiple Nation Retail Tenants
Investment Overview
Marcus & Millichap is pleased to present the offering for Caliber Collision in Cary, NC.
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