$ 5,999,000
For Sale
Cap Rate: 5.50%
Size: 36,635 SF
Lot Size: 2.65 ACres
Absolute NNN Lease – tenant covers taxes, insurance, and maintenance; zero landlord responsibilities
Backed by a corporate guaranty from CH Hold Corp
Below Market Rent – in-place rent of $9.00/SF sits ~30% below market
Sole collision repair provider in the immediate trade area, with nearest consolidator shop ~5 miles away, limiting competitive displacement risk
Purpose-built, heavily capitalized facility ($633K TI investment) reduces likelihood of tenant relocation
~7 years remaining on the initial term, plus two 5-year options extending into 2043
Healthy 10% rent increases every five years, next increase on 9/1/2028
Immediate on/off access to I-10 (255,000+ VPD), directly adjacent to dealer row
