52 Fnb Dr - Auto Repair FOR SALE


Lynchburg, VA 24502
$2,536,128 USD
818-907-9525
52 Fnb Dr, Lynchburg, VA for Sale
$2,536,128 USD
Auto Repair - FOR SALE
1/2
null | 6.25% Cap Rate

52 Fnb Dr
Lynchburg, VA 24502


HIGHLIGHTS

  • RARE SMALL PRICE POINT: Similar Caliber deals are usually well over $5 Mil
  • LONG TERM NNN LEASE: Brand new 15 year lease commenced in September 2023, with two 5-year renewal options
  • NEWLY RENOVATED BUILDING: Subject site received new 2023 renovations specifically suited for Caliber Collision
  • REGULAR 10% RENT INCREASES: Built-in increases every 5 years help to hedge against inflation
  • STRONG CORPORATE GUARANTY: Caliber Collision is the #1 collision repair company in the U.S., now with over 1,800 locations nationwide
  • WELL POSITIONED REAL ESTATE: Proximity to Lynchburg Regional Airport, the area’s busiest travel hub, and Liberty University, 140k+ enrolled students

OVERVIEW

This passive investment opportunity offers a qualified buyer the chance to purchase long-term Caliber Collision in Lynchburg, VA. The 15-year, triple net (NNN) lease commenced in September 2023, and features a strong corporate guaranty backed by over 1,800 locations. Landlord responsibilities are limited to structure and roof replacement only, with an active roof warranty in place through 2038. 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. LYNCHBURG, VA: A GROWING HUB IN CENTRAL VIRGINIA Lynchburg has a diverse and stable economy, anchored by industries such as healthcare, education, manufacturing, and retail. Low taxes and economic incentives make it attractive for businesses to establish long-term leases. One of Lynchburg’s biggest economic drivers is Liberty University, one of the largest private universities in the U.S. With over 140,000 students (including online enrollment), Liberty fuels local commerce, real estate, and hospitality sectors. The university’s expansion has led to increased demand for retail, restaurants, and service-oriented businesses, making it a strong market for net leased properties. Lynchburg Regional Airport (LYH) provides convenient air travel options for business and tourism, further enhancing the city’s connectivity, and supporting growth. The region is well-connected by highways, including U.S. Routes 29 and 460, making it easily accessible for logistics and commerce.

FOR SALE DETAILS

PRICE

$2,536,128 USD

PRICE/SF

$302 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Collision | Lynchburg VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,700 SF

ZONING

BHC

APN/PARCEL ID

22C-11-C

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.