210 N Chester Pike - Auto Repair FOR SALE
Glenolden, PA 19036 |
$1,800,000 USD
612-605-8183
210 N Chester Pike
Glenolden, PA 19036
HIGHLIGHTS
- Corporate Guarantee – Caliber Collision is the #1 auto body repair provider in the country with 1,600+ locations across 41 states.
- Long-term Remaining – Caliber signed a 15-year lease in 2017 after a conversion from a smaller collision tenant, leaving 8+ years remaining.
- Strong Rent Growth – 10% increases every 5 years helps tackle inflation.
- The subject property underwent significant renovation in 2019 and benefitted from a new roof in 2021 that came with a 20- year roof warranty.
- Minimal Landlord Responsibilities – Tenant takes care of taxes, insurance, and maintenance excluding structural related items.
FOR SALE DETAILS
PRICE
$1,800,000 USD
PRICE/SF
$103 USD /SF
CAP RATE
6.9%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.92 AC
LAND SF
40,001 SF
ZONING
B-1
APN/PARCEL ID
21-00-00330-00
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
612-605-8183
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
612-605-8183
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
