118 Forrest Ln Cartersville, GA 30120
For Sale
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Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single tenant Caliber Collision investment property located at 118 Morningside Drive and 13 & 17 Forest Lane in Cartersville, Georgia (the “Property”). The Property consists of a 23,844 square foot building on 2.87 acres of land, comprised of three adjacent parcels. Caliber Collision uses 13 & 17 Forrest Lane for additional vehicle parking and vehicle storage. The building was constructed in 2018 with Caliber Collision beginning a brand-new, 10-year lease in December 2021. There are currently over 5 years of term remaining on the Modified NN Lease followed by two (2), 5-year renewal options. The lease features attractive 2% annual rental increases throughout the primary lease term and the option periods. The Property is situated on Morningside Drive, which runs directly next to US Route 41, the area’s primary commercial and commuter corridor. Morningside Drive has access to US Route 41 immediately in front of the Property, which benefits from excellent frontage and visibility on both roadways, as well as three total points of entry. Caliber Collision is positioned within Cartersville’s primary retail trade area, with numerous shopping centers, grocers, and national retailers in the vicinity that drive consumer traffic. The Property is just half a mile from downtown Cartersville and is a short drive to Interstate 75, which along with US Route 41 leads directly to Atlanta. Cartersville is in the northwestern edge of the Atlanta MSA, approximately 35 miles from Downtown Atlanta.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.