Caliber Collision Leased Investment
For Sale
Contact for pricing
101 Crowatan Rd, Castle Hayne, NC
100% leased to Caliber Collision with significant mark-to-market potential.
Property Size10,960 SF
Lot Size2.49 Acres
Price / SF$150.55
Days on Market354
Property Features for 101 Crowatan Rd
General Information
Standard status
Active
Size
10,960 SF
Lot size
2.49 Acres
Property subtype
RETAIL
Listing Agency:
Matthews Real Estate Investment Services | Phoenix
(574) 270-0361
Listed By:
Samuel Griffeth
(574) 270-0361
Source:
Moodyscre
Added: Aug 13, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services | Phoenix
Investment Insights
Based on property information with market context.
This property is 100% leased to Caliber Collision, a national corporate tenant. The tenant occupies 10,960 square feet on a 2.49-acre parcel. The lease structure is NNN, with the landlord responsible for the roof, structural components, HVAC, and parking lot. Roof repairs have been completed with an active warranty in place, and the parking lot has been recently resurfaced. The in-place rent is $9.56 per square foot, which is below current market rates. CoStar reports market rents between $15 and $20 per square foot.
Key Highlights
- 100% leased to Caliber Collision, a national corporate tenant
- Significant mark‑to‑market potential with in‑place rent well below current market rates
- NNN lease structure reduces management burden and operating risk
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $171.0k | $15.60 |
| − Vacancy | −$11.3k | −$1.03 |
| EGI | $159.7k | $14.57 |
| − OpEx | −$47.9k | −$4.37 |
| NOI | $111.8k | $10.20 |
10,960 SF · lease $15.60/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.24M
$1.96M – $2.61M
NOI $156,563 @ 7.0% cap · market cap 9.49%
Second Best
Industrial
$1.60M
$1.40M – $1.86M
NOI $111,784 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$3.56M
$3.11M – $4.15M
NOI $249,006 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
459
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Caliber Collision
Shops & Services
459 visits/mo
0.0 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rio’s automotive service — 10 Goff Dr, Castle Hayne, NC 28429
- Rios Automotive Services New & Used Tires — 4342 Castle Hayne Rd, Castle Hayne, NC 28429
- Red Iron Power — 114 Crowatan Rd, Castle Hayne, NC 28429
- Fred’s Body Shop — 109 C H I P Dr, Castle Hayne, NC 28429
- UltraColor Collision and Paint — 210 Crowatan Rd, Castle Hayne, NC 28429
Frequently Asked Questions
What type of property is this?
Auto shop - 100% leased to Caliber Collision with significant mark-to-market potential.
Where is this auto shop located?
The property is located at 101 Crowatan Rd Castle Hayne, NC.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 100% leased to Caliber Collision, a national corporate tenant; Significant mark‑to‑market potential with in‑place rent well below current market rates; NNN lease structure reduces management burden and operating risk
