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Brand New Construction Caliber Collision Center | Charlotte, NC | 15 Year Absolute Net Lease

9835 Albemarle Rd, Charlotte, NC 28227

Listing Price: Request For Offer

Tenant Name
Caliber Collision
Years Remaining On Lease
15.5
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net

Investment Overview

Charlotte is the most populous city in the state of North Carolina. In 2019, the U.S. Census Bureau estimated the population was 885,708, making it the 15th-most populous city in the U.S. and the second-largest in the Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose population ranks 22nd in the U.S., and had a population of 2,569,213, in 2018. The Charlotte metropolitan area is part of a sixteen-county market region or combined statistical area with a 2018 census-estimated population of 2,728,933. Between 2004 and 2014, Charlotte was ranked as the country’s fastest-growing metro area, with 888,000 new residents. Based on U.S. Census data from 2005 to 2015, Charlotte tops the U.S. in millennial population growth. It is the third-fastest-growing major city in the United States. Residents are referred to as “Charlotteans”. Charlotte is home to the corporate headquarters of Bank of America, Truist Financial, and the east coast headquarters of Wells Fargo, which along with other financial institutions has made it the second-largest banking center in the United States.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2021 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 39 States.
  • 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 Industrial, Retail & Traffic Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 26k Vehicles.
  • Near Numerous National Retailers including a Walmart, The Home Depot, Target, Lowe's, Food Lion, ALDI, Walgreens and many more.
  • Densely Populated Charlotte Suburb: Features more than 155k People Residing within a 5-Mile Radius.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Auto Service - Gas-Conv

Brand New Construction Caliber Collision Center | Charlotte, NC | 15 Year Absolute Net Lease

Listing Price: Request For Offer

Tenant Name
Caliber Collision
Years Remaining On Lease
15.5
Gross SF
16,100
Guarantor
Corporate Guarantee
Rentable SF
16,100
Lease Type
Absolute Net

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2021 Construction.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 39 States.
  • 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 Industrial, Retail & Traffic Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 26k Vehicles.
  • Near Numerous National Retailers including a Walmart, The Home Depot, Target, Lowe's, Food Lion, ALDI, Walgreens and many more.
  • Densely Populated Charlotte Suburb: Features more than 155k People Residing within a 5-Mile Radius.

Investment Overview

Charlotte is the most populous city in the state of North Carolina. In 2019, the U.S. Census Bureau estimated the population was 885,708, making it the 15th-most populous city in the U.S. and the second-largest in the Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose population ranks 22nd in the U.S., and had a population of 2,569,213, in 2018. The Charlotte metropolitan area is part of a sixteen-county market region or combined statistical area with a 2018 census-estimated population of 2,728,933. Between 2004 and 2014, Charlotte was ranked as the country’s fastest-growing metro area, with 888,000 new residents. Based on U.S. Census data from 2005 to 2015, Charlotte tops the U.S. in millennial population growth. It is the third-fastest-growing major city in the United States. Residents are referred to as “Charlotteans”. Charlotte is home to the corporate headquarters of Bank of America, Truist Financial, and the east coast headquarters of Wells Fargo, which along with other financial institutions has made it the second-largest banking center in the United States.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

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