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Auto Service - Gas-Conv

Caliber Collision Center | Western North Carolina | Long Term Abs. Net Lease | Recently Renovated

15 Piney Park Rd, Asheville (Western NC), NC 28806

Listing Price: Request For Offer

Tenant Name
Caliber Collision
Years Remaining On Lease
14.1
Gross SF
12,600
Guarantor
Corporate Guarantee
Rentable SF
12,600
Lease Type
Absolute Net

Investment Overview

Asheville is a city in, and the county seat of, Buncombe County, NC. Located at the confluence of the French Broad and Swannanoa rivers, it is the largest city in Western North Carolina, and the state’s 12th-most populous city. According to the 2020 United States Census, the city’s population was 94,589, up from 83,393 in the 2010 census. It is the principal city in the four-county Asheville metropolitan area, which had a population of 424,858 in 2010, and of 469,015 in 2020. Some major corporations headquartered in the Asheville area include HomeTrust Bancshares, Ingles, Earth Fare, The Biltmore Company, Moog Music and the eastern headquarters for Sierra Nevada Brewing Company and New Belgium Brewing Company.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2021 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 40 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 Traffic & Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 22k Vehicles. Near Interstate-40 (84k+ VPD).
  • In Close Proximity to Numerous National Retailers including The Home Depot, Lowe's, Sam's Club, ALDI, CVS, Walgreens, Ingles Market, Food Lion and many more.
  • Immediate Area Experiencing Major Growth: Near Several Large Retail & Housing Developments Under Construction. Densely Populated Area: Features more than 86k People Residing within a 5-Mile Radius.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

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

    San Diego

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Auto Service - Gas-Conv

Caliber Collision Center | Western North Carolina | Long Term Abs. Net Lease | Recently Renovated

Listing Price: Request For Offer

Tenant Name
Caliber Collision
Years Remaining On Lease
14.1
Gross SF
12,600
Guarantor
Corporate Guarantee
Rentable SF
12,600
Lease Type
Absolute Net

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2021 Renovation.
  • Caliber Collision Recently Merged with ABRA creating a Leading Collision Repair Chain of more than 1,235 Locations in 40 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 Traffic & Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 22k Vehicles. Near Interstate-40 (84k+ VPD).
  • In Close Proximity to Numerous National Retailers including The Home Depot, Lowe's, Sam's Club, ALDI, CVS, Walgreens, Ingles Market, Food Lion and many more.
  • Immediate Area Experiencing Major Growth: Near Several Large Retail & Housing Developments Under Construction. Densely Populated Area: Features more than 86k People Residing within a 5-Mile Radius.

Investment Overview

Asheville is a city in, and the county seat of, Buncombe County, NC. Located at the confluence of the French Broad and Swannanoa rivers, it is the largest city in Western North Carolina, and the state’s 12th-most populous city. According to the 2020 United States Census, the city’s population was 94,589, up from 83,393 in the 2010 census. It is the principal city in the four-county Asheville metropolitan area, which had a population of 424,858 in 2010, and of 469,015 in 2020. Some major corporations headquartered in the Asheville area include HomeTrust Bancshares, Ingles, Earth Fare, The Biltmore Company, Moog Music and the eastern headquarters for Sierra Nevada Brewing Company and New Belgium Brewing Company.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

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

    San Diego

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

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