Caliber Collision - Cary, NC

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Pricing and Location


Price:   $3,999,000

Address:   1710 Piney Plains Road, Cary, NC 27518

Status:   Available

Property Details


CAP Rate: 6.11% Year Built: 2018
Net Rentable Area: 18,111
Lot Size (Acres): 3.9 NOI: $244,379

Marketing Materials


Property Description


■ The site has been operating as a Caliber Collision at this location for 9 years and is established in the community
■ NEW 15 year NNN lease to commence approximately 10/2018
■ Corporate guaranteed lease by CH Hold Corp (S&P “B” Rated)
■ No landlord obligations
■ Affluent Raleigh, NC suburb where average household income exceeds $107,500 within 1 mile from the site
■ Surrounded by big box destination retail and auto dealerships
■ Adjacent 1(mil) +/- square feet of retail is currently being poised for redevelopment as Ford dealership moved to larger location directly to the south of the site

Area Map and Street View


What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557