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Gerber Collision 1704 S Lewis St 11 000 pi² 100% Loué Commerce de détail Immeuble New Iberia, LA 70560 944 943 $ CAD (85,90 $ CAD/pi²) 7,97% Taux de capitalisation
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Faits saillants de l'investissement
- National tenant operating under the Gerber Collision & Glass brand.
- Three additional five-year renewal options provide future occupancy potential.
- Located along South Lewis Street within an established commercial corridor.
- Lease term extends through July 20, 2028.
- Annual rental increases of 1.5% are built into the lease structure.
- Tenant reimburses taxes and insurance expenses per lease terms.
Résumé de l'annonce
1704 S Lewis Street presents the opportunity to acquire a net leased commercial investment occupied by Gerber Collision & Glass, one of the largest collision repair and automotive glass service providers in North America. The property consists of an 11,000-square-foot commercial building positioned along South Lewis Street, a primary commercial corridor serving New Iberia and the surrounding Acadiana region. The location benefits from established commercial development, nearby residential neighborhoods, and convenient access to major local thoroughfares that support daily customer traffic and business visibility.
The property is leased to Gerber Collision & Glass through July 20, 2028, with three five-year renewal options and scheduled annual rental increases of 1.5%. Gerber Collision & Glass operates as part of Boyd Group Services Inc. and maintains an extensive network of locations throughout the United States and Canada. The tenant's established operating platform and long-standing presence within the automotive repair industry contribute to the property's investment profile.
The lease structure provides reimbursement of taxes and insurance expenses, helping reduce landlord operating responsibilities. The asset generates a reported net operating income of $54,553 and is offered at a price of $684,310. The combination of an established national tenant, contractual rent growth, renewal options, and a location within a mature commercial trade area creates an opportunity for investors seeking income-producing real estate with an operating business already in place.
The property is leased to Gerber Collision & Glass through July 20, 2028, with three five-year renewal options and scheduled annual rental increases of 1.5%. Gerber Collision & Glass operates as part of Boyd Group Services Inc. and maintains an extensive network of locations throughout the United States and Canada. The tenant's established operating platform and long-standing presence within the automotive repair industry contribute to the property's investment profile.
The lease structure provides reimbursement of taxes and insurance expenses, helping reduce landlord operating responsibilities. The asset generates a reported net operating income of $54,553 and is offered at a price of $684,310. The combination of an established national tenant, contractual rent growth, renewal options, and a location within a mature commercial trade area creates an opportunity for investors seeking income-producing real estate with an operating business already in place.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Réparation automatique
Taille du bâtiment
11 000 pi²
Classe d’immeuble
C
Année de construction
1990
Prix
944 943 $ CAD
Prix par pi²
85,90 $ CAD
Taux de capitalisation
7,97%
Revenu net d’exploitation
75 312 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,18
Taille du lot
1,40 AC
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
90/100
Relativement accessible en vélo
30/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 0200661000 | Évaluation des bâtiments | 38 714 $ CAD |
| Évaluation du terrain | 17 438 $ CAD | Évaluation totale | 56 152 $ CAD |
Impôts fonciers
Numéro de lot
0200661000
Évaluation du terrain
17 438 $ CAD
Évaluation des bâtiments
38 714 $ CAD
Évaluation totale
56 152 $ CAD
Contacts
-
Sal Yaldo -
Ayson Shammami -
Divon Shammami -
APEX Commercial Real Estate Advisors
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Gerber Collision | 1704 S Lewis St
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