1258 S Bay Rd - Auto Repair FOR SALE


Dover, DE 19901
$5,985,100 USD
818-907-9525
1258 S Bay Rd, Dover, DE for Sale
$5,985,100 USD
Auto Repair - FOR SALE
1/2
null | 6.25% Cap Rate

1258 S Bay Rd
Dover, DE 19901


HIGHLIGHTS

  • Absolute NNN Lease, zero landlord responsibilities
  • Brand New 2025 Construction
  • Regular 10% Rent Increases every 5 years to hedge against inflation
  • Strong Corporate Guaranty from the largest auto body repair company in the U.S. backed by over 1,800 locations
  • E-commerce and Recession Resistant Industry, as long as there are cars on the road, there will be a need for body work
  • Well located in Delaware’s capital city, the subject site is adjacent to Dover AFB, home to the largest air freight terminal in the DOD

OVERVIEW

This passive investment opportunity offers a qualified buyer the chance to purchase a brand new built-to-suit Caliber Collision in Dover, DE. The new 15-year, absolute triple net (NNN) lease is set to commence in August 2025. CALIBER COLLISION Founded in 1997, Caliber Collision is now the nation’s leading auto collision repair provider. Headquartered in Lewisville, TX, the Company operates over 1,800+ locations across 41 states. The Company’s commitment to the highest quality service, accurate estimates, and on-time delivery has allowed them to become the most trusted name in the industry. Caliber offers repair services from dent removal, collision repair, glass replacement, auto body rust repair & much more, providing more repairs and referred to by more insurance agents than any other collision repair provider in the country. Caliber Collision continues to expand its presence in the industry significantly, becoming the market leader through aggressive acquisition activity and improving its customer service, aiming to provide faster, more reliable maintenance for a fair price. DOVER, DELAWARE Dover is the capital of Delaware and the state’s second-largest city by population. The market is composed of Kent County in the central portion of the state, roughly 90 miles east of Washington, D.C. and 80 miles south of Philadelphia. The Dover Air Force Base is home to the Department of Defense’s largest aerial port, and approximately 11,000 Airmen and joint service members, civilians, and families.

FOR SALE DETAILS

PRICE

$5,985,100 USD

PRICE/SF

$372 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Collision | Dover DE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.