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Caliber Collision - Availability Details
522 & 534 E. Walnut St, Kalamazoo, MI 49007
- For Sale $1,100,000
- Property Type Retail
- Property Size 11,944 SF
- Lot Size 0.95 Acre
- Property Tenancy Single Tenant
- Year Renovated 2021
- Date Updated Apr 04, 2022
522 & 534 E. Walnut St
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Location
- City Kalamazoo, MI
- Neighborhood Edison
- Zip Code 49007
- Market Grand Rapids
Contacts
Shane Smith
Friedman Real Estate
(248) 324-2000
Highlights
- Net Leased Investment | ±11,944 SF vehicle-service retail building for sale
- Long-term Net Lease opportunity features 2% annual rent increases through base term and option
- Low rent investment, below- market rent provides long-term security for investors
- Caliber Collision recently merged with ABRA, creating the leading collision repair chain in the United States with more than 1,400 locations in 40 states and growing
- Located in growing major MSA with excellent surrounding demographics and population density of over 150,000 residents within 5 miles
- Major recent equipment upgrades by Caliber Collision showing commitment to the site
- Ideal 1031-Exchange property, with limited landlord obligations make this excellent for first-time investors
- Sale asking price $1,100,000 (5.45% cap rate)
Contact Listing Broker
Shane Smith
Friedman Real Estate
(248) 324-2000
