Caliber Collision Investment
For Sale
$4,600,000
2760 Concord Parkway South, Concord, NC 28027
Long-term corporate lease in high-growth Charlotte submarket.
Property Size14,640 SF
Days on Market246
Property Features for 2760 Concord Parkway South
General Information
Standard status
Active
Size
14,640 SF
Property subtype
Retail
Building Details
Building Size
14,640 SF
Year Built
1999
Listing Agency:
CP Partners
Listed By:
Justin Stark · License #CalDRE #01856228
(415) 274-2706
Source:
Cppcre
Added: Feb 26
Changed: Oct 25
Last Checked: Oct 30 at 11:29AM
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 CP Partners
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering presents an opportunity to acquire a Caliber Collision location in Concord, North Carolina. The property features a longstanding corporate lease to the nation's largest collision repair provider. The location is in one of the fastest-growing submarkets in the greater Charlotte metropolitan area. The property has a CMU block building and a heavy gauge metal roof. The building has a low building-to-land coverage ratio with gated and secured rear parking. The tenant has demonstrated long-term commitment to the site with a recent lease extension. The lease is corporately guaranteed by Wand Newco 3 Inc. The property is positioned near The Grounds at Concord, a 2,000-acre master-planned development. The Grounds is anchored by a major Eli Lilly campus, significantly expanding the area’s life sciences and advanced manufacturing presence. Red Bull, in partnership with Ball Corp., recently broke ground on a beverage manufacturing and distribution hub at the Grounds Development, which will drive significant employment density and long-term economic stability. Other projects in the immediate vicinity include Trade Park at Concord, a 1.3 million-square-foot master-planned business park, and the Concord Commerce Center, a 358,000 SF Class A industrial park. These projects are driving daytime population growth, increased traffic counts, and demand for essential service-oriented real estate.
Key Highlights
- Longstanding corporate lease with Caliber Collision.
- Located in Concord, North Carolina, a high‑growth submarket of Charlotte.
- Recent lease extension demonstrates tenant's long‑term commitment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$224,216
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,484,320
$4.5M
Cap Rate 7%
$3,203,086
$3.2M
Cap Rate 9%
$2,491,289
$2.5M
Market Conditions
NOI Build-Up for 14,640 SF
Gross rent
$342.6K $23.40/SF
− Vacancy
−$22.3K −$1.52/SF
EGI
$320.3K $21.88/SF
− OpEx
−$96.1K −$6.56/SF
NOI
$224.2K $15.32/SF
Area
Concord, NC
Vacancy
6.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,484,320
Cap Rate 7%
$3,203,086
Cap Rate 9%
$2,491,289
Alternative Uses
Best Use
Retail
$3.20M
$2.80M – $3.74M
NOI $224,216 @ 7.0% cap · market cap 4.87%
Second Best
Industrial
$2.00M
$1.75M – $2.34M
NOI $140,195 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$3.99M
$3.49M – $4.65M
NOI $279,265 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
922
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Caliber Collision
Shops & Services
922 visits/mo
0.0 miles
Demographics for 28027, NC
76,478
Population
31,450
Households
2.4
Avg Household Size
36
Median Age
43%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
1,108
Density / Sq Mi
$89,101
Median Household Income
$48,976
Median Earnings
$1,433
Median Rent
$341,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Cars, Trucks, & RVs — 3240 perry st nw, concord, nc 28027
- Motorvated — 3318 Bogle Dr NW, Concord, NC 28027
- CARS TRUCKS AND RVS WEST — 3240 Perry St NW, Concord, NC 28027
- Mavis Tires & Brakes — 3765 Concord Pkwy S, Concord, NC 28027
- Auto Glass & Chip Repair — 1511 Samuel Adams Cir SW, Concord, NC 28027
Frequently Asked Questions
What type of property is this?
Auto shop - Long-term corporate lease in high-growth Charlotte submarket.
Where is this auto shop located?
The property is located at 2760 Concord Parkway South Concord, NC.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Longstanding corporate lease with Caliber Collision.; Located in Concord, North Carolina, a high‑growth submarket of Charlotte.; Recent lease extension demonstrates tenant's long‑term commitment.
