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Classic Collision- New 10 Year Lease

2 Properties Offered at £1,972,500 in Forest City, NC

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Investment Highlights

New Ten-Year Triple Net (NNN) Offering - Minimal Landlord Obligations | Low Rent/SF at $8.13
Recent Acquisition of Operating Business [2024] - Part of Seven-Unit “Absolute Collision” Acquisition
Fourth Largest Multi-Shop Operator (MSO) in the Industry - Backed by 6th Largest Private Equity Fund in the World (per PEI 300)

360 Feet of Frontage on West Main Street - Average Daily Traffic Count of 7,700 Cars Per Day
Rental Increases Every Five Years Including Options - Three Five-Year Extensions to Renew
5 Miles from $650 Million Facebook Data Center Campus - Rutherford County has a population of 67,810 and is centrally located between Charlotte, NC,

Property Facts

Price	£1,972,500	Number of Properties	2
Price / SF	£76.82 / SF	Individually For Sale	0
Net Initial Yield	7.20%	Total Building Size	25,678 SF
Sale Type	Investment NNN	Total Land Area	1.06 AC
Status	Active

Price	£1,972,500
Price / SF	£76.82 / SF
Net Initial Yield	7.20%
Sale Type	Investment NNN
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	25,678 SF
Total Land Area	1.06 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
935 W Main St, Forest City, NC 28043	Retail	12,602 SF	1948	-
947 W Main St, Forest City, NC 28043	Industrial	13,076 SF	1995	-

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Scott Gould
Caitlin Lancaster
Marcus & Millichap

(407) 557-3824

Listing ID: 33827377
Date on Market: 11/11/2024
Last Updated:
Address: Classic Collision- New 10 Year Lease, Forest City, NC

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Classic Collision- New 10 Year Lease portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 1 of 6 — classic forest city picture 1

Classic Collision- New 10 Year Lease portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 2 of 6 — classic collision forest city picture 2

Classic Collision- New 10 Year Lease portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 3 of 6 — classic collision forest city picture 4

Classic Collision- New 10 Year Lease portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 4 of 6 — classic collision forest city picture 3

Classic Collision- New 10 Year Lease portfolio of 2 properties for sale on LoopNet.co.uk Building Photo- Image 5 of 6 — classic collision forest city picture 5

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