10325 Quivas St - Auto Repair FOR SALE
Thornton, CO 80260 |
$2,755,555 USD
720-800-9756
10325 Quivas St
Thornton, CO 80260
HIGHLIGHTS
- Corporate Lease – The lease is backed by Classic Collision LLC, a nationally recognized collision repair operator.
- Fourth Largest Collision MSO – Classic Collision was acquired by TPG Capital in April 2024, a testament to the company’s strong performance and growth
- Proven Operating History – This facility has operated as an auto repair center for over 25 years, demonstrating long-term viability and strong demand
- Below Market Rents – The tenant is currently paying $8 per SF, well below market rates, offering investors the opportunity to capture future upside
- Located Near Car Dealerships – Situated in close proximity to several car dealerships
- Near-Term Increase in Return – The lease includes a 5% rental increase set to take effect in just 18 months, providing investors with the opportunity
FOR SALE DETAILS
PRICE
$2,755,555 USD
PRICE/SF
$120 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CLASSIC COLLISION
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.07 AC
LAND SF
46,609 SF
ZONING
RC
APN/PARCEL ID
1719-16-2-02-057
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720-800-9756
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720-800-9756
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