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4401 Lake Ave, Rochester, NY, 14612

CALIBER COLLISION
$1,851,000

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Highlights

INVESTMENT HIGHLIGHTS

  • HIGH VISIBILITY– Located at the end of the 132 Highway, this Caliber Collision is primely positioned for high visibility and large traffic volumes.
  • ENTERTAINMENT AREA– Located on the shore, this location sits minutes away from local attractions such as the Ontario Beach Park, Lake Shore Country Club, Lake Shore Hockey Arena, and the Charlotte Genesee Lighthouse.
  • AFFLUENT REGION – The average household income within a 3-mile radius is $92,976.
  • INVESTMENT GRADE TENANT – Corporate guaranteed lease by Caliber Collision Corporate (±1,600 locations with estimated $4B annual revenue).
  • LARGE LOT – Ideal ±15,418 SF prototype for Caliber Collision situated on a massive lot- ±1.75 total AC.
  • INDUSTRY LEADER – Caliber Collision is the world’s leader in repair centers. Restoring 850,000+ vehicles every day with ±1,100 locations all around the country.
  • RESILIENT INVESTMENT TYPE – Caliber Collision is one the most sought-after investments due to being essential, recession resistant, and ecommerce proof.

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
8%
$ per SF
$120
Year Built
1965
Term Remaining
±5 Yrs
Type
Retail
NOI
$151,038
Leasable Area
15,418