CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE | 1550 West Maple
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CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE 1550 West Maple
12,298 SF 4-Star Retail Building North Canton, OH 44720 $4,886,287 ($397/SF) 6.60% Cap Rate
Investment Highlights
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
- Directly Across from a BMW and Toyota Auto Dealership and near Numerous other Auto Dealerships and Auto Service Centers including Chevrolet, etc.
- Near The Pro Football Hall of Fame - it saw 208k+ Visitors in 2023, w/ Plans to Double that w/in three years.
Executive Summary
Ohio Broker of Record: Michael Glass | 500 Neil Ave., Ste. 100 Columbus, OH 43215 | P: (614) 360-9800 | Lic. # BRK.2007005898 Michael.Glass@MarcusMillichap.com
Brand New 2025 Construction | Near The Pro Football Hall of Fame | Directly Across from a BMW and Toyota Auto Dealership and near Numerous other Auto Dealerships and Auto Service Centers | Densely Populated and Affluent Area | Minutes from Kent State University at Stark and Akron-Canton Airport | Qualifies for Accelerated Depreciation | Recession-Resistant Concept
Brand New 2025 Construction | Near The Pro Football Hall of Fame | Directly Across from a BMW and Toyota Auto Dealership and near Numerous other Auto Dealerships and Auto Service Centers | Densely Populated and Affluent Area | Minutes from Kent State University at Stark and Akron-Canton Airport | Qualifies for Accelerated Depreciation | Recession-Resistant Concept
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,298 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Under Construction
Price
$4,886,287
Price Per SF
$397
Cap Rate
6.60%
NOI
$322,495
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Land Acres
1.57 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 01617968 | Improvements Assessment | $0 |
| Land Assessment | $148,470 | Total Assessment | $148,470 |
PROPERTY TAXES
Parcel Number
01617968
Land Assessment
$148,470
Improvements Assessment
$0
Total Assessment
$148,470
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Power Broker Alvin Mansour -
Jon Talia -
The Mansour Group of Marcus & Millichap
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CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE | 1550 West Maple
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