Louisville MSA Caliber Collision for Sale
10105 Taylorsville Road, Jeffersontown, KY 40299
Closing Notes
Closed with Local Kentucky Buyer
Closed Ahead of Schedule in Under 60 Days
Property Description
Price: $3,182,000
Price Per/SF: $193.62
Land Area: ±1.18 Acres
Cap Rate: 7.00%
Gross Leasable Area: ±16,434 SF
Year Built: 2005/2023
Investment Highlights
- Corporate Guaranteed Caliber Collision with Over $1.1MM in Renovations Completed in 2023
- Caliber Collision Dominates the Auto Repair Industry by Continuously Expanding its Locations and Increasing Revenue
- The Subject Property is Strategically Located in Louisville MSA, with Population Exceeding 1,200,000 Residents
Excellent Real Estate Fundamentals
- This Property Offers a Double Net Lease with Over 9 Years Remaining, Coupled with Two 5-Year Renewal Options, Ensuring Long-Term Stability and Potential for Extended Occupancy
- 10% Rental Increase Every 5 Years – Ensuring Steady Growth and Value Appreciation
- Minimal Landlord Responsibilities – Ideal for Investors Not Local to the Market
- Caliber Collision Partners with Insurance Companies and Car Dealerships for Enhanced Growth and Recession resistance
Strategic Location in Well-Populated Area
- Jeffersontown is a Thriving Suburb within the Louisville Market, Kentucky’s Largest City
- Caliber Collision is Conveniently Situated Off Route 155 (Taylorsville Rd), Which Benefits from Approximately 25,000 Vehicles Daily
- Within Close Proximity to Several Major Retailers such as Walmart Neighborhood Market, Target, Kroger, The Home Depot and Many More
- Strong Economic Area – Average Household Income Within a Five-Mile Radius Exceeds $95,000 per Year
Broker of Record: Grant Fitzgerald, License: KY 286261
Contact Information
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643
Fabian Griffith