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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

broker

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

broker

Shane Smith

Friedman Real Estate

(248) 324-2000

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