925 Mid Atlantic Pky - Auto Repair FOR SALE


Martinsburg, WV 25404
$3,837,120 USD
216-264-2060
925 Mid Atlantic Pky, Martinsburg, WV for Sale
$3,837,120 USD
Auto Repair - FOR SALE
1/2
null | 6.25% Cap Rate

925 Mid Atlantic Pky
Martinsburg, WV 25404


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 July 2024, with two 5-year renewal options and regular built-in rent increases
  • NEWLY RENOVATED BUILDING: Subject site received new 2024 renovations specifically suited for Caliber Collision
  • STRONG CORPORATE GUARANTY: Caliber Collision is the #1 collision repair company in the U.S., now with over 1,800 locations nationwide
  • RECESSION RESISTANT INDUSTRY: As long as there are cars on the road, there will be a need for body work
  • EXPLOSIVE POPULATION GROWTH: The City of Martinsburg is the fastest growing city in the state of West Virginia

OVERVIEW

This passive investment opportunity offers a qualified buyer the chance to purchase long-term Caliber Collision in Martinsburg, WV. The 15-year, triple net (NNN) lease commenced in July 2024, and features a strong corporate guaranty backed by over 1,800 locations. Landlord responsibilities are limited to roof, structure, and parking lot. 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. MARTINSBURG, WV Martinsburg, West Virginia, is emerging as a high-potential market for net leased investment, thanks to its growing population, expanding economy, and ongoing commercial development, ensuring long term tenant demand. Located in the Eastern Panhandle near Washington, D.C. and Baltimore, Martinsburg offers a strategic location with access to major transportation routes, a business-friendly environment, and affordable real estate.

FOR SALE DETAILS

PRICE

$3,837,120 USD

PRICE/SF

$248 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Collision | Martinsburg WV

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2.39 AC

LAND SF

104,108 SF

ZONING

-

APN/PARCEL ID

08-6-00130008

ASK ABOUT THIS PROPERTY

Grant FitzgeraldMarcus & MillichapMore Info
216-264-2060

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Grant FitzgeraldMarcus & MillichapMore Info
216-264-2060

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