Caliber Collision With Additional Storage | 4035 & 4039 Glenway Ave
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Caliber Collision With Additional Storage 4035 & 4039 Glenway Ave
16,886 SF 100% Leased Retail Building Cincinnati, OH 45205 £941,989 (£56/SF) 6.96% Net Initial Yield
Investment Highlights
- Caliber Collision Location Converted in 2020 With Additional Storage Tenant | 16,886-SF Building on 6 Parcels
- Corporately Guaranteed Lease: Caliber Collision is The Largest Collision Repair Company in America
- High Visibility On a Hard Signalized Corner Location With Pylon Signage and Signage Along the Front of the Property
- Caliber Has 6+ Years Remaining on a 10-Year NN Lease With 2% Annual Rental Increases in the Base Term and 5% Rental Increases in 2 Renewal Options
- Storage Tenant Commenced a 5 Year NNN Lease in August, No Landlord Responsibilities
- Proximity to Nationally Recognized Tenants, Including: Kroger, Walgreens, McDonald's, Dollar General, BP, Rally's and More
Executive Summary
Caliber Collision Location Converted in 2020 With Additional Storage Tenant | 16,886-SF Building on 6 Parcels
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
16,886 SF
Building Class
C
Year Built
1958
Price
£941,989
Price Per SF
£56
Net Initial Yield
6.96%
NOI
£65,606
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.88
Land Acres
0.44 AC
Zoning
CC-A
Parking
15 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
230 ft on Glenway Ave
Amenities
- Pylon Sign
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £111,243 | |
Land Assessment | £53,862 | Total Assessment | £165,105 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£53,862
Improvements Assessment
£111,243
Total Assessment
£165,105
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Caliber Collision With Additional Storage | 4035 & 4039 Glenway Ave
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