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Auto Service - Gas-Conv

Caliber Collision | Jacksonville, NC - Home of US Marine Corps' Camp Lejeune | NNN | Rare Low Rent

2679 Richlands Hwy, Jacksonville (Coastal NC), NC 28540

Listing Price: $3,163,104

Cap Rate
6.25%
Tenant Name
Caliber Collision
Years Remaining On Lease
12.5
Gross SF
15,750
Guarantor
Corporate Guarantee
Rentable SF
15,750
Price/Gross SF
$200.83
Lease Type
Absolute Net
Rent Per Square Feet
$12.55

Investment Overview

The site is located along Richlands Highway (NC Highway 24) in Jacksonville, North Carolina, within Onslow County. Jacksonville is the county seat and commercial hub of the region, anchored by its proximity to Marine Corps Base Camp Lejeune and Marine Corps Air Station New River, two of the largest Marine Corps installations on the East Coast. The military presence is the area’s dominant economic driver, supporting a large, steady population of active-duty personnel, military families, and retirees who cycle through the base and surrounding community.

As of the 2020 Census, Jacksonville’s population was approximately 72,723, making it the 14th-most populous city in North Carolina, while the broader Jacksonville metropolitan statistical area (coterminous with Onslow County) is home to roughly 208,000 residents. Jacksonville is frequently cited as the youngest city in the United States, with an average age near 23, a distinction attributed directly to the concentration of young enlisted service members.

Richlands Highway functions as a major commercial corridor connecting Jacksonville’s core to outlying communities such as Richlands and Camp Lejeune’s western gates, and it carries a dense mix of retail, quick-service restaurants, and service-oriented businesses that cater to the base’s daily consumer traffic. Nearby demand generators include Coastal Carolina Community College and Onslow Memorial Hospital, alongside established residential neighborhoods and military housing communities that provide consistent rooftop density along the corridor.

Onslow County promotes itself as one of the more affordable coastal counties in North Carolina, which continues to support steady population inflow tied to military rotations. This combination of a captive, recurring military consumer base and an affordable cost of living underpins consistent retail demand along the Richlands Highway corridor.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 23k Vehicles.
  • Pad to a Walmart Supercenter and Lowe's Anchored Power Center and near Numerous other National Retailers including ALDI, Walgreens, Tractor Supply, PetSmart and many more.
  • In Close Proximity to Unites States Marine Corps' Camp Lejeune (41k+ Active Duty Population), New River Air Station (6k+ Active Duty Population) and other Satellite Camps, makes it the Largest Concentration of Marines and Sailors in the World.
  • A Short Drive from Onslow Memorial Hospital - a 162 Bed Acute Care Community Hospital serving the City of Jacksonville.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community - Near Several Retail & Housing Developments / Under Construction. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Exclusively Listed By

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- North Carolina

    (704) 831-4600

    License(s) NC: 351471

    North Carolina

Auto Service - Gas-Conv

Caliber Collision | Jacksonville, NC - Home of US Marine Corps' Camp Lejeune | NNN | Rare Low Rent

Listing Price: $3,163,104

Cap Rate
6.25%
Tenant Name
Caliber Collision
Years Remaining On Lease
12.5
Gross SF
15,750
Guarantor
Corporate Guarantee
Rentable SF
15,750
Price/Gross SF
$200.83
Lease Type
Absolute Net
Rent Per Square Feet
$12.55

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 23k Vehicles.
  • Pad to a Walmart Supercenter and Lowe's Anchored Power Center and near Numerous other National Retailers including ALDI, Walgreens, Tractor Supply, PetSmart and many more.
  • In Close Proximity to Unites States Marine Corps' Camp Lejeune (41k+ Active Duty Population), New River Air Station (6k+ Active Duty Population) and other Satellite Camps, makes it the Largest Concentration of Marines and Sailors in the World.
  • A Short Drive from Onslow Memorial Hospital - a 162 Bed Acute Care Community Hospital serving the City of Jacksonville.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community - Near Several Retail & Housing Developments / Under Construction. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Investment Overview

The site is located along Richlands Highway (NC Highway 24) in Jacksonville, North Carolina, within Onslow County. Jacksonville is the county seat and commercial hub of the region, anchored by its proximity to Marine Corps Base Camp Lejeune and Marine Corps Air Station New River, two of the largest Marine Corps installations on the East Coast. The military presence is the area’s dominant economic driver, supporting a large, steady population of active-duty personnel, military families, and retirees who cycle through the base and surrounding community. As of the 2020 Census, Jacksonville’s population was approximately 72,723, making it the 14th-most populous city in North Carolina, while the broader Jacksonville metropolitan statistical area (coterminous with Onslow County) is home to roughly 208,000 residents. Jacksonville is frequently cited as the youngest city in the United States, with an average age near 23, a distinction attributed directly to the concentration of young enlisted service members. Richlands Highway functions as a major commercial corridor connecting Jacksonville’s core to outlying communities such as Richlands and Camp Lejeune’s western gates, and it carries a dense mix of retail, quick-service restaurants, and service-oriented businesses that cater to the base’s daily consumer traffic. Nearby demand generators include Coastal Carolina Community College and Onslow Memorial Hospital, alongside established residential neighborhoods and military housing communities that provide consistent rooftop density along the corridor. Onslow County promotes itself as one of the more affordable coastal counties in North Carolina, which continues to support steady population inflow tied to military rotations. This combination of a captive, recurring military consumer base and an affordable cost of living underpins consistent retail demand along the Richlands Highway corridor.

Exclusively Listed By

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- North Carolina

    (704) 831-4600

    License(s): NC: 351471

    North Carolina

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