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Clayton Brown
Direct: (206) 826-5787
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Marcus & Millichap, Inc.
Main: (206) 826-5700
www.marcusmillichap.com
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FOR SALE - Listing #: 710362
Gerber Collision & Glass
1124 - 0 Carpenter Road SE, Lacey WA98503
19,262 Available SF 19,262 SF
Agent Remarks
For sale a Gerber Collision & Glass in Lacey, WA. The property features 7 years of firm lease term remaining, following a lease extension two years early from Gerber, demonstrating strong tenant commitment to the site. The lease features attractive 3% annual rent increases and is corporately guaranteed by Gerber Collision & Glass, with over 1,000 locations nationwide. The property has been well maintained with recent capital improvements including approximately $63,000 in plumbing line replacements. The lease features minimal landlord responsibilities, restricted to roof and structural elements only, providing a passive investment structure. Offered at approximately $183 per square foot, the property presents an opportunity to acquire a mission-critical collision repair facility at a basis
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County
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Thurston
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Market Area
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Lacey
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Tax ID #
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11822220900
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Price
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$ 3,525,000
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Property Details
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Prop Type
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Retail
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# Floors
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1
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Bldg SF
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19,262
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Year Built
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1965
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Land SF
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50,965
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# Bldgs
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1
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Acres
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1.17
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# Parking Spaces
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0
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Office Class
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Informational Links
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