Skip to main content

Auto Service - Gas-Conv

Gerber Collision & Glass

1735 Prospect Rd, Pittsburgh, PA 15236

Listing Price: $1,890,000

Cap Rate
7.00%
Tenant Name
Gerber Collision & Glass
Years Remaining On Lease
3.7
Guarantor
Corporate Guarantee
Rentable SF
10,901
Lease Type
Double Net
Rent Per Square Feet
$12.14

Investment Overview

Founded in 1937 by Phil Gerber in Chicago, Illinois, Gerber Collision & Glass has spent nearly
nine decades building a reputation for quality auto body and glass repair. What began as a
single auto glass and trim shop has since grown into one of the largest auto collision and glass
repair companies in North America. Today, the company is headquartered in Elmhurst, Illinois,
and operates as part of the Boyd Group family of brands.

Gerber offers a comprehensive suite of services including full-service auto body repair,
collision repair, and auto glass replacement and repair — including mobile services. Shops are
equipped with computerized estimating systems, frame-straightening machines, advanced
paint-matching technology, and diagnostic scanning tools, with certified technicians handling
all refinishing work.

With nearly 1,300 locations, Gerber supports its extensive network with a workforce of thousands
of employees. The company has grown steadily through strategic acquisitions over the years,
expanding its geographic footprint and service capacity across multiple states and regions.

Investment Highlights

  • Corporate guaranteed by the 2nd largest collision company in the US and Canada – Leased to Gerber Collision & Glass, over 1,000 locations
  • 235,000 population within 5 miles of the property
  • Gerber Collision & Glass recently exercised their 2nd option to renew, showing commitment to the site
  • 5% rental increases every five years
  • Strategically located off Route 51 (52K vehicles per day) that leads to downtown Pittsburg
  • Pittsburg | 2nd largest city in Pennsylvania | $94K Avg. household income within 5 miles
  • Double net lease – Passive ownership structure

Broker of Record

  • Timothy Blaire Stephenson Jr

    Managing Director, Market Leader - Philadelphia

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Auto Service - Gas-Conv

Gerber Collision & Glass

Listing Price: $1,890,000

Cap Rate
7.00%
Tenant Name
Gerber Collision & Glass
Years Remaining On Lease
3.7
Guarantor
Corporate Guarantee
Rentable SF
10,901
Lease Type
Double Net
Rent Per Square Feet
$12.14

Investment Highlights

  • Corporate guaranteed by the 2nd largest collision company in the US and Canada – Leased to Gerber Collision & Glass, over 1,000 locations
  • 235,000 population within 5 miles of the property
  • Gerber Collision & Glass recently exercised their 2nd option to renew, showing commitment to the site
  • 5% rental increases every five years
  • Strategically located off Route 51 (52K vehicles per day) that leads to downtown Pittsburg
  • Pittsburg | 2nd largest city in Pennsylvania | $94K Avg. household income within 5 miles
  • Double net lease – Passive ownership structure

Investment Overview

Founded in 1937 by Phil Gerber in Chicago, Illinois, Gerber Collision & Glass has spent nearly nine decades building a reputation for quality auto body and glass repair. What began as a single auto glass and trim shop has since grown into one of the largest auto collision and glass repair companies in North America. Today, the company is headquartered in Elmhurst, Illinois, and operates as part of the Boyd Group family of brands. Gerber offers a comprehensive suite of services including full-service auto body repair, collision repair, and auto glass replacement and repair — including mobile services. Shops are equipped with computerized estimating systems, frame-straightening machines, advanced paint-matching technology, and diagnostic scanning tools, with certified technicians handling all refinishing work. With nearly 1,300 locations, Gerber supports its extensive network with a workforce of thousands of employees. The company has grown steadily through strategic acquisitions over the years, expanding its geographic footprint and service capacity across multiple states and regions.

Broker of Record

  • Timothy Blaire Stephenson Jr

    Managing Director, Market Leader - Philadelphia

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

MM Texture Background
MM Textured Background Lower