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101 Crowatan Rd Castle Hayne, NC 28429

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For Sale
$1,650,000

100% leased to Caliber Collision with significant mark-to-market potential.

Property size:
10,960 SF
Lot size:
2.49 Acres

Property Features for 101 Crowatan Rd

General Information

Size
10,960 SF
Lot size
2.49 Acres

Source: Matthews Real Estate Investment Services | Phoenix Agent Samuel Griffeth

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Caliber Collision Leased Investment Property

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Caliber Collision Auto Body Shop

Suggested Use

Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Kitchen & Bath Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Rio’s automotive service, Rios Automotive Services New & Used Tires, Red Iron Power, Fred’s Body Shop, UltraColor Collision and Paint

Location Insight

  • Map
  • Local Demand
City
Castle Hayne
County
New Hanover
State
North Carolina
Longitude
-77.9092834
Latitude
34.3299352

FAQs

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
More about this property
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