Caliber Collision Investment
For Sale
Contact for pricing
2602 E Main St, Merrill, WI 54452
Single-tenant property with long-term lease and corporate guarantor.
Property Size11,840 SF
Lot Size1.12 Acres
Price / SF$125.59
Days on Market152
Property Features for 2602 E Main St
General Information
Standard status
Active
Size
11,840 SF
Class
C
Lot size
1.12 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Net Operating Income
$101,876
Building Details
Year Built
1997
Buildings
1
Stories
1
Units
1
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BRK.200900214
Source:
Crexi
Added: Mar 13
Changed: Aug 8
Last Checked: Aug 10 at 4:28PM
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 Bang Realty
Investment Insights
Based on property information with market context.
Located at 2602 E Main St, Merrill, WI 54452, this property is leased to Caliber Collision. The property offers a solid investment opportunity with a sale price of $1,536,585 and a 6.5% cap rate, generating a net operating income of $99,878. The building has 11,840 square feet of space and sits on a 1.12-acre lot, providing space for potential future development or expansion. The lease commenced on February 10th, 2024, providing stability and passive income for investors. The property is located in a high-traffic area.
Key Highlights
- Long‑term lease with corporate guarantor, Caliber Collision
- Favorable 6.5% cap rate, generating a net operating income of $99,878
- Sale price of $1,536,585
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
160k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 31%
Superstores 27%
Home Improvements & Furnishings 5%
Walmart
Superstores
43,594 visits/mo
0.3 miles
Kwik Trip
Shops & Services
38,424 visits/mo
0.1 miles
McDonald's
Dining
20,685 visits/mo
0.2 miles
Culver's
Dining
19,890 visits/mo
0.1 miles
Dollar Tree
Shops & Services
8,980 visits/mo
0.1 miles
Demographics for 54452, WI
18,851
Population
9,181
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
93%
High-School Grad
438.0 sq mi
ZIP Area
43
Density / Sq Mi
$65,522
Median Household Income
$41,744
Median Earnings
$777
Median Rent
$162,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Caliber Collision — 2602 E Main St, Merrill, WI 54452
- Zelich Customs Merrill — 2213 E Main St, Merrill, WI 54452
- Power House Lawn & Leisure, Inc. — 2500 E Main St, Merrill, WI 54452
- Take 5 Oil Change — 3450 E Main St, Merrill, WI 54452
- One Way Collision Center — 2602 E Main St, Merrill, WI 54452
Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant property with long-term lease and corporate guarantor.
Where is this auto shop located?
The property is located at 2602 E Main St Merrill, WI.
What is the asking price?
The asking price for this property is $1,487,000.
What are key features of this property?
This property features: Long‑term lease with corporate guarantor, Caliber Collision; Favorable 6.5% cap rate, generating a net operating income of $99,878; Sale price of $1,536,585
