GERBER COLLISION & GLASS | 2211 Rockefeller Dr
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GERBER COLLISION & GLASS 2211 Rockefeller Dr
7,500 SF Industrial Building Ceres, CA 95307 £1,182,369 (£158/SF) 6.75% Net Initial Yield
Investment Highlights
- Established in 1937, Gerber Collision has expanded into the nation’s second-largest MSO, boasting over 900 locations nationwide.
- Gerber is on track to double its size by 2025, having embarked on an ambitious growth plan to increase its footprint from 574 shops to over 1,100.
- The property is strategically positioned adjacent to the heavily trafficked 99 FWY, with an impressive average of ±104,700 vehicles passing daily.
- Gerber’s parent company, publicly traded on the Toronto Stock Exchange (TSX:BYD), commands a market cap of $4.80 CAD.
- This dedication is further underscored by a brand-new 5-year lease accompanied by 20 years of options, signaling Gerber’s intention.
- Just ±4 miles from Downtown Modesto, the site enjoys excellent connectivity and proximity to a thriving urban center.
Executive Summary
Broker of Record
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
Property Facts
Price | £1,182,369 | Lot Size | 0.53 AC |
Price Per SF | £158 | Rentable Building Area | 7,500 SF |
Sale Type | Investment | Number of Floors | 1 |
Net Initial Yield | 6.75% | Year Built | 2002 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Service | Parking Ratio | 1.33/1,000 SF |
Building Class | B | Level Access Doors | 5 |
Price | £1,182,369 |
Price Per SF | £158 |
Sale Type | Investment |
Net Initial Yield | 6.75% |
Property Type | Industrial |
Property Subtype | Service |
Building Class | B |
Lot Size | 0.53 AC |
Rentable Building Area | 7,500 SF |
Number of Floors | 1 |
Year Built | 2002 |
Tenancy | Single |
Parking Ratio | 1.33/1,000 SF |
Level Access Doors | 5 |
PROPERTY TAXES
Parcel Number | 040-89-11 | Improvements Assessment | £405,171 |
Land Assessment | £98,011 | Total Assessment | £503,183 |
PROPERTY TAXES
Parcel Number
040-89-11
Land Assessment
£98,011
Improvements Assessment
£405,171
Total Assessment
£503,183
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GERBER COLLISION & GLASS | 2211 Rockefeller Dr
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