Seri Bryant

Associate

818.212.2655

"

The quality of your thinking determines the quality of your life. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Snyder

Senior Research Analyst

818.212.2731

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Ezra Orr

Senior Director, Digital Development

818.212.2730

"

The only person you should try to be better than is the person you were yesterday."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Caliber Collision

922 Versailles Road, Frankfort, KY 40601

Price:
$1,998,516
CAP Rate:
5.85%
NOI:
$116,913
Net Rentable Area:
13,500 SF
Lot Size:
1.8 Acres
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Brand new 15 year NNN lease as of August 2020
  • Various car dealerships and industrial properties in immediate area
  • 10% rent bumps hedge against inflation
  • Offers two 5-year renewal options
  • The site has been operating as an auto body shop for the better part of 13 years
  • Existing building is being renovated to fly a Caliber Collision flag
  • E-commerce resistant product offering long term, peace of mind passive investment opportunity

RECENT LISTINGS