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Caliber Collision 2760 Concord Pky S 14,640 SF 100% Leased Retail Building Concord, NC 28027 $6,273,204 CAD ($428.50 CAD/SF) 5.90% Cap Rate

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Investment Highlights

Longstanding corporate Caliber Collision located in a high growth Charlotte submarket
Corporate guaranty: Wand Newco 3, Inc.
Low building to land coverage ratio with gated and secured rear parking

Recent lease extension demonstrating tenant’s long term commitment to the site
High quality CMU block building throughout with heavy gauge metal roof

Executive Summary

Longstanding corporate lease to the nation's largest collision repair provider. This offering presents a rare opportunity to acquire a proven Caliber Collision location in Concord, North Carolina, one of the fastest-growing submarkets in the greater Charlotte metropolitan area.
The property is strategically located along the highly trafficked Concord Parkway with excellent ingress/egress and visibility, supporting long-term operational viability. The site is further enhanced by continued residential, mixed-use, and industrial development in the immediate trade area, to include Eli Lilly's $2B campus and Red Bull's new $1.7B beverage manufacturing and distribution facility.

CaliberCollsion_ConcordNC

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Auto Repair

Building Size

14,640 SF

Building Class

Year Built

2000

Price

$6,273,204 CAD

Price Per SF

$428.50 CAD

Cap Rate

5.90%

NOI

$369,863 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.13

Lot Size

2.60 AC

Parking

51 Spaces (3.48 Spaces per 1,000 SF Leased)

Major Tenants

Services
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Fondée en 1997, Caliber compte des centaines de centres à l'échelle nationale et propose une gamme de services automobiles, dont Caliber Collision, l'un des plus importants fournisseurs de réparation de collision automobile au pays dans des dizaines d'États, et Caliber Auto Glass pour la réparation et le remplacement de vitres. Dans le but de « Restaurer le rythme de votre vie® », les milliers de coéquipiers de Caliber s'engagent à ramener les clients sur la route en toute sécurité — et à retrouver le rythme de leur vie — chaque jour. Dédié à offrir une expérience client exceptionnelle, Caliber continue de se classer parmi les scores de satisfaction client les plus élevés de l'industrie.