Caliber Collision
Closed6947 E Kemper Rd, Cincinnati, OH 45249
$1,235,0001 units12,100 SF
Retail
Property type
Retail
Unit / Space count
1
Price
$1,235,000
Building size
12,100 sf
Rentable area
12,100 SF
Year built
Year renovated
Occupancy
Zoning code
Sold/status
Sold · Date unknown
Sale price
$1235000
CAP
7.39%
Property description
Franklin Street is pleased to bring to market a single-tenant net-leased Caliber Collision with billboard and office space upside in Cincinnati, Ohio, near the I-71 and I-275 interchange.
Property highlights
- 12,100 SF Caliber Collision with Billboard
- This single-tenant net-leased Caliber Collision and billboard are visible from I-275 and Kemper Road which see a combined 136,000 vehicles per day. Caliber Collision occupies 95% of the space but is responsible for 100% of CTI expenses (besides roof, structure, and billboard).
- Billboard and Office Upside
- There is a vacant 640-square foot office and billboard available for lease, offering upside to an incoming investor. Leasing both the vacant office space and billboard could potentially add approximately $40,000 to the NOI.
- Fastest Growing Collision Repair Shop in the US
- Caliber Collision is the largest and fastest growing collision repair shop in the United States. It operates more than 1,800 locations in 41 states. This location is corporately guaranteed.
- Near I-71 and I-275 Interchange
- This property is located near the interchange of I-71 and I-275, two of the largest highways in Cincinnati. This interchange sees approximately 260,000 vehicles per day.
- Affluent, Densely Populated Area
- Caliber Collision is located in an affluent, densely populated area with nearly 145,000 residents and 250,000 employees within five miles. The average household income is $138,342. Caliber Collision is also located approximately two miles from the city’s largest industrial/manufacturing park and 18 miles from downtown Cincinnati.