GERBER COLLISION & GLASS | 2211 Rockefeller Dr
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GERBER COLLISION & GLASS 2211 Rockefeller Dr
7,500 SF Industrial Building Ceres, CA 95307 $2,180,835 CAD ($290.78 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Established in 1937, Gerber Collision has expanded into the nation’s second-largest MSO, boasting over 900 locations nationwide.
- Gerber is on track to double its size by 2025, having embarked on an ambitious growth plan to increase its footprint from 574 shops to over 1,100.
- The property is strategically positioned adjacent to the heavily trafficked 99 FWY, with an impressive average of ±104,700 vehicles passing daily.
- Gerber’s parent company, publicly traded on the Toronto Stock Exchange (TSX:BYD), commands a market cap of $4.80 CAD.
- This dedication is further underscored by a brand-new 5-year lease accompanied by 20 years of options, signaling Gerber’s intention.
- Just ±4 miles from Downtown Modesto, the site enjoys excellent connectivity and proximity to a thriving urban center.
EXECUTIVE SUMMARY
Broker of Record
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
PROPERTY FACTS
| Price | $2,180,835 CAD | Lot Size | 0.53 AC |
| Price Per SF | $290.78 CAD | Rentable Building Area | 7,500 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.75% | Year Built | 2002 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 1.33/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 5 |
| Price | $2,180,835 CAD |
| Price Per SF | $290.78 CAD |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.53 AC |
| Rentable Building Area | 7,500 SF |
| No. Stories | 1 |
| Year Built | 2002 |
| Tenancy | Single |
| Parking Ratio | 1.33/1,000 SF |
| No. Drive In / Grade-Level Doors | 5 |
PROPERTY TAXES
| Parcel Number | 040-89-11 | Improvements Assessment | $762,877 CAD |
| Land Assessment | $184,540 CAD | Total Assessment | $947,417 CAD |
PROPERTY TAXES
Parcel Number
040-89-11
Land Assessment
$184,540 CAD
Improvements Assessment
$762,877 CAD
Total Assessment
$947,417 CAD
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GERBER COLLISION & GLASS | 2211 Rockefeller Dr
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