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Caliber Collision Auto Shop
For Sale
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601 Lake Way Place, Tullahoma, TN 37388

The corporate tenant has seven years remaining on its lease, with annual increases specified in the agreement.

Property SizeContact for details
Days on Market11

Property Features for 601 Lake Way Place

General Information

Standard status Active
Property subtype Office, Industrial, Self Storage

Additional Details

Outdoor Storage Yes
Listing Agency: SVN Second Story Real Estate Management- Atlanta
Listed By: Hunter Myers · License #349455
Source: Crexi
Added: Sep 16 Changed: Sep 25 Last Checked: Sep 24 at 2:06PM

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 SVN Second Story Real Estate Management- Atlanta

Investment Insights

Based on property information with market context.

This auto shop is leased to Caliber Collision under a corporate lease. The agreement has seven years remaining and provides for 2% annual increases, along with two five-year renewal options.

The property also includes vacant storage space and a yard.

Key Highlights

  • Caliber Collision corporate lease with 7 years remaining
  • 2% annual lease increases
  • Two 5‑year renewal options

Property Analytics

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Current Use

Caliber Collision Auto Repair Shop Rodney's Body Shop Auto Repair Shop Denby J & J ... General Contractor

Suggested Use

Top Pick Law Firm Building Supply Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby
374k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Shops & Services 20% Apparel 14% Groceries 9%
Hobby Lobby Shops & Services
37,855 visits/mo 0.5 miles
Chick-fil-A Dining
35,262 visits/mo 0.4 miles
Kroger Groceries
32,761 visits/mo 0.4 miles
Dunham's Sports Apparel
25,384 visits/mo 0.5 miles
SONIC Drive In Dining
19,259 visits/mo 0.5 miles

Demographics for 37388, TN

26,352
Population
11,871
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
117.9 sq mi
ZIP Area
224
Density / Sq Mi
$59,892
Median Household Income
$37,452
Median Earnings
$856
Median Rent
$230,900
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Strickland Brothers 10 Minute Oil Change — 1301 N Jackson St, Tullahoma, TN 37388
  • Caliber Collision — 601 Lake Way Pl, Tullahoma, TN 37388
  • Walmart Auto Care Centers — 2111 N Jackson St, Tullahoma, TN 37388
  • Payless Auto Service and Repair of Tullahoma — 2013 N Jackson St, Tullahoma, TN 37388
  • North Jackson Tire Auto Service Center — 2009 N Jackson St, Tullahoma, TN 37388

Frequently Asked Questions

What type of property is this?
Auto shop - The corporate tenant has seven years remaining on its lease, with annual increases specified in the agreement.
Where is this auto shop located?
The property is located at 601 Lake Way Place Tullahoma, TN.
What is the asking price?
The asking price for this property is $1,770,000.
What are key features of this property?
This property features: Caliber Collision corporate lease with 7 years remaining; 2% annual lease increases; Two 5‑year renewal options
(678) 787-5019 Call to check price and availability
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