Corporate Classic Collision | 13 Years | 4468 Abbotts Bridge Rd
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Corporate Classic Collision | 13 Years 4468 Abbotts Bridge Rd
9,603 SF Retail Building Duluth, GA 30097 $1,986,500 ($207/SF) 6.50% Cap Rate
Executive Summary
• Long-term investment | There are ±13 years remaining on the base lease term with 5% rental increases every 5 years throughout the initial term and options
• Corporate lease | Classic Collision currently operates over 260 locations throughout 16 states and has aggressive growth plans for 2024
• Classic Collision is headquartered in Atlanta | Close proximity to Subject Property
• Excellent access and visibility from Abbotts Bridge Rd (aka Duluth Hwy) which sees 27,000 VPD
• Dense and affluent area | There are about 118,000 residents with an average HH income exceeding $145,600 within a 10-minute drive
• About 1.5 miles from:
– Peachtree Hill Shopping Center | Kroger and LA Fitness-anchored center
– Duluth High School | 2,675 students
• Within 2 miles of:
– A Target and Home Depot-anchored shopping center
– Medlock Corners | Publix-anchored shopping center
– Riverwalk Marketplace | Whole Foods-anchored shopping center
– Medlock Crossing | Regal-anchored shopping center
– John Creek High School | 1,967 students
– An H Mart-anchored shopping center
– Downtown Duluth
– Northside Hospital Duluth | 122-bed hospital
– Duluth Station Shopping Center | Anchored by Publix
• Corporate lease | Classic Collision currently operates over 260 locations throughout 16 states and has aggressive growth plans for 2024
• Classic Collision is headquartered in Atlanta | Close proximity to Subject Property
• Excellent access and visibility from Abbotts Bridge Rd (aka Duluth Hwy) which sees 27,000 VPD
• Dense and affluent area | There are about 118,000 residents with an average HH income exceeding $145,600 within a 10-minute drive
• About 1.5 miles from:
– Peachtree Hill Shopping Center | Kroger and LA Fitness-anchored center
– Duluth High School | 2,675 students
• Within 2 miles of:
– A Target and Home Depot-anchored shopping center
– Medlock Corners | Publix-anchored shopping center
– Riverwalk Marketplace | Whole Foods-anchored shopping center
– Medlock Crossing | Regal-anchored shopping center
– John Creek High School | 1,967 students
– An H Mart-anchored shopping center
– Downtown Duluth
– Northside Hospital Duluth | 122-bed hospital
– Duluth Station Shopping Center | Anchored by Publix
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,603 SF
Building Class
C
Year Built
1996
Price
$1,986,500
Price Per SF
$207
Cap Rate
6.50%
NOI
$129,120
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Land Acres
1.02 AC
Zoning
C2 - Commercial Service District
Parking
9 Spaces (0.94 Spaces per 1,000 SF Leased)
Frontage
125 FT on Duluth Hwy
Amenities
- Signage
- Wheelchair Accessible
PROPERTY TAXES
| Parcel Number | 6-324-012 | Improvements Assessment | $462,440 |
| Land Assessment | $75,200 | Total Assessment | $537,640 |
PROPERTY TAXES
Parcel Number
6-324-012
Land Assessment
$75,200
Improvements Assessment
$462,440
Total Assessment
$537,640
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Cortland Lioi -
Matt Coates -
Gary Chou -
Calvin Short -
Aron Cline -
Rad Werssowetz -
Berkeley Capital Advisors
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Corporate Classic Collision | 13 Years | 4468 Abbotts Bridge Rd
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