Auto Body Repair Facility
4 Volunteer Drive Hendersonville, TN 37075
4 Volunteer Drive, Hendersonville, TN, 37075
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For Sale
Contact for pricing
Absolute NNN auto body repair property with 10+ years remaining lease, direct frontage on 14,304 VPD corridor.
Property Size15,186 SF
Price / SF$372.53
Days on Market104
Property Features for 4 Volunteer Drive
General Information
- Standard status
- Active
- Size
- 15,186 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2021
Listing agency
Marcus & Millichap - Nashville
Listed by
Jason Hernandez · License #CA 01392646
Source
Crexi
Added: Apr 9 Updated: Jul 20 at 7:31PM Checked: Jul 20 at 7:31PM
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 Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
This Caliber Collision property is offered on a true Absolute NNN basis with over 10 years remaining on the lease. The lease is described as being backed by Caliber Collision’s corporate credit, with built-in rent increases and multiple extension options, designed to support long-term, passive income with no landlord management or maintenance obligations.
Located at 4 Volunteer Drive in Hendersonville, Tennessee, the property has direct frontage and visibility along Volunteer Road, reported at 14,304 VPD. It sits within a dominant retail corridor and is positioned minutes from Hendersonville Plaza (~90k SF) and North Pointe Center (~100k SF), with nearby national retailers including Ace Hardware, Jiffy Lube, Taco Bell, and AutoZone.
Located at 4 Volunteer Drive in Hendersonville, Tennessee, the property has direct frontage and visibility along Volunteer Road, reported at 14,304 VPD. It sits within a dominant retail corridor and is positioned minutes from Hendersonville Plaza (~90k SF) and North Pointe Center (~100k SF), with nearby national retailers including Ace Hardware, Jiffy Lube, Taco Bell, and AutoZone.
Key Highlights
- 2021‑built Caliber Collision property with an Absolute NNN lease structure
- Lease has 10+ years remaining with built‑in rent increases and multiple extension options
- Absolute NNN auto body repair tenant: Caliber Collision (nation’s largest auto body repair operator per remarks)
Local Financial Insights For Retail
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 | $515.7k | $33.96 |
| − Vacancy | −$20.6k | −$1.36 |
| EGI | $495.1k | $32.60 |
| − OpEx | −$148.5k | −$9.78 |
| NOI | $346.6k | $22.82 |
15,186 SF · lease $33.96/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.95M
$4.33M – $5.78M
NOI $346,562 @ 7.0% cap · market cap 6.13%
Second Best
Industrial
$1.43M
$1.26M – $1.67M
NOI $100,431 @ 7.0% cap · market cap 1.78%
Theoretical Best
Specialty Retail
$5.32M
$4.65M – $6.20M
NOI $372,089 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Caliber Collision
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Absolute NNN auto body repair property with 10+ years remaining lease, direct frontage on 14,304 VPD corridor.
Where is this nnn property located?
The property is located at 4 Volunteer Drive Hendersonville, TN.
What is the asking price?
The asking price for this property is $5,657,280.
What are key features of this property?
This property features: 2021‑built Caliber Collision property with an Absolute NNN lease structure; Lease has 10+ years remaining with built‑in rent increases and multiple extension options; Absolute NNN auto body repair tenant: Caliber Collision (nation’s largest auto body repair operator per remarks)
