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Property profile & analytics
FOR SALE
Auto shops

118 Forrest Ln Cartersville, GA 30120

23,844 SF Built 2018
Property ID
US22-Q023027
Property summary
AI-generated overview

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.​

Property profile
Verified
Property type Auto shops
Year built 2018
Total area 23,844 SF
UPID US22-Q023027
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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