Gerber Collision | New 5yr NN 17014 Airline Hwy 17,149 SF Retail Building Prairieville, LA 70769 $3,116,853 CAD ($181.75 CAD/SF) 7% Cap Rate

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a, Gerber Collision and Glass investment property located in Prairieville, Louisiana. The tenant, Gerber Collision and Glass, recently signed a brand new 5-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases at the beginning of each of the 5-year option periods, steadily growing NOI and providing a hedge against inflation. The lease has minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor. Gerber Collision is one of the largest private auto collision and glass repair companies in North America with over 800 locations.