Auto Service - Gas-Conv
Caliber Collision | Fast-Growing Raleigh MSA | $159K+ Avg. HHI | Absolute Net | Auto Retail Synergy
1290 Pine Plaza Dr, Apex (Raleigh MSA), NC 27523
Listing Price: $8,085,000
Investment Overview
Apex is positioned within the Raleigh-Cary metropolitan area, one of the fastest-growing regions in the United States and a core component of North Carolina’s renowned Research Triangle. The Raleigh-Cary metro added more than 39,000 residents between 2023 and 2024, representing 2.6% growth, while Raleigh itself surpassed 500,000 residents in 2025. Apex has experienced similarly dramatic expansion, with its population reaching approximately 85,844 as of June 2026.
The region benefits from a highly educated workforce, exceptional quality of life, and a diversified economic base anchored by technology, life sciences, healthcare, education, and advanced manufacturing. Nearby Research Triangle Park is home to more than 385 companies and 55,000 employees, including major global employers in technology and biotechnology. Duke University, the University of North Carolina at Chapel Hill, and North Carolina State University further support the Triangle’s deep talent pipeline and innovation economy.
Apex is also emerging as an important center of future growth. The 1,000-plus-acre Veridea mixed-use development is planned to include approximately 8,000 homes, millions of square feet of commercial space, retail, dining, and employment uses. Within Veridea, the planned 230-acre North Carolina Children’s health campus is expected to feature a 500-bed children’s hospital and create approximately 8,000 jobs at full buildout.
Regional accessibility is supported by U.S. Highway 64, U.S. Highway 1, the Western Wake Freeway, and nearby Interstate 40, providing convenient connectivity throughout Wake County and the greater Triangle. Raleigh-Durham International Airport further strengthens the region’s national accessibility, serving more than 15.6 million passengers in 2025. Together, these fundamentals have established western Wake County as a highly desirable location for households and businesses, creating a growing customer base, sustained transportation demand, and long-term support for service-oriented commercial uses throughout the Apex trade area.
Caliber Collision | Fast-Growing Raleigh MSA | $159K+ Avg. HHI | Absolute Net | Auto Retail Synergy
Investment Highlights
- Absolute Net Lease (Zero Landlord Responsibilities) with approximately Five Years Remaining on the Initial Term, an Upcoming 10% Rental Increase, and two Additional Five-Year Renewal 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.
- Strategic Triangle Highway Access: Positioned between U.S. Highway 64, the Western Wake Freeway, and U.S. Highway 1, the Site Enjoys Direct Regional Connectivity throughout Apex, Cary, Raleigh, and Wake County.
- In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Toyota, Infiniti, Ford, Buick, Kia, Mercedes, Volkswagen, Honda, Chevrolet, GMC, Dodge, Porsche, Audi, Acura, Chrysler, Jeep and many more.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $159k within a 1-Mile Radius and over 205k People Residing within a 5-Mile Radius.
- Weather-Driven Automotive Repair Demand: Apex and the Greater Triangle Experience Recurring Severe Thunderstorms and Hail Events Capable of Damaging Vehicles, supporting Ongoing Demand for Collision and Body-Repair Services.
- Fast-Growing Raleigh-Cary Metro: The Metropolitan Population Reached approximately 1.596 Million in 2025, increasing 2.4% in One Year and Ranking Among the Nation's Ten Fastest-Growing Metropolitan Areas by Percentage. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- North Carolina
Auto Service - Gas-Conv
Caliber Collision | Fast-Growing Raleigh MSA | $159K+ Avg. HHI | Absolute Net | Auto Retail Synergy
Listing Price: $8,085,000
Investment Highlights
- Absolute Net Lease (Zero Landlord Responsibilities) with approximately Five Years Remaining on the Initial Term, an Upcoming 10% Rental Increase, and two Additional Five-Year Renewal 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.
- Strategic Triangle Highway Access: Positioned between U.S. Highway 64, the Western Wake Freeway, and U.S. Highway 1, the Site Enjoys Direct Regional Connectivity throughout Apex, Cary, Raleigh, and Wake County.
- In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Toyota, Infiniti, Ford, Buick, Kia, Mercedes, Volkswagen, Honda, Chevrolet, GMC, Dodge, Porsche, Audi, Acura, Chrysler, Jeep and many more.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $159k within a 1-Mile Radius and over 205k People Residing within a 5-Mile Radius.
- Weather-Driven Automotive Repair Demand: Apex and the Greater Triangle Experience Recurring Severe Thunderstorms and Hail Events Capable of Damaging Vehicles, supporting Ongoing Demand for Collision and Body-Repair Services.
- Fast-Growing Raleigh-Cary Metro: The Metropolitan Population Reached approximately 1.596 Million in 2025, increasing 2.4% in One Year and Ranking Among the Nation's Ten Fastest-Growing Metropolitan Areas by Percentage. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Investment Overview
Apex is positioned within the Raleigh-Cary metropolitan area, one of the fastest-growing regions in the United States and a core component of North Carolina’s renowned Research Triangle. The Raleigh-Cary metro added more than 39,000 residents between 2023 and 2024, representing 2.6% growth, while Raleigh itself surpassed 500,000 residents in 2025. Apex has experienced similarly dramatic expansion, with its population reaching approximately 85,844 as of June 2026. The region benefits from a highly educated workforce, exceptional quality of life, and a diversified economic base anchored by technology, life sciences, healthcare, education, and advanced manufacturing. Nearby Research Triangle Park is home to more than 385 companies and 55,000 employees, including major global employers in technology and biotechnology. Duke University, the University of North Carolina at Chapel Hill, and North Carolina State University further support the Triangle’s deep talent pipeline and innovation economy. Apex is also emerging as an important center of future growth. The 1,000-plus-acre Veridea mixed-use development is planned to include approximately 8,000 homes, millions of square feet of commercial space, retail, dining, and employment uses. Within Veridea, the planned 230-acre North Carolina Children’s health campus is expected to feature a 500-bed children’s hospital and create approximately 8,000 jobs at full buildout. Regional accessibility is supported by U.S. Highway 64, U.S. Highway 1, the Western Wake Freeway, and nearby Interstate 40, providing convenient connectivity throughout Wake County and the greater Triangle. Raleigh-Durham International Airport further strengthens the region’s national accessibility, serving more than 15.6 million passengers in 2025. Together, these fundamentals have established western Wake County as a highly desirable location for households and businesses, creating a growing customer base, sustained transportation demand, and long-term support for service-oriented commercial uses throughout the Apex trade area.
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- North Carolina
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