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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

Property Facts

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

PROPERTY TAXES

Parcel Number
040-89-11
Land Assessment
£98,011
Improvements Assessment
£405,171
Total Assessment
£503,183
  • Listing ID: 33252064

  • Date on Market: 20/09/2024

  • Last Updated:

  • Address: 2211 Rockefeller Dr, Ceres, CA 95307

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