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Caliber Collision 2402 Allen Ln 15,000 SF Retail Building La Grange, KY 40031 $3,969,231 ($264.62/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

Brand-New 15-Year Lease – Minimal landlord responsibilities
10% Rent Increases Every 5 Years – Including Renewal Options
Strategically Located in the Louisville MSA

Current Landlord Has Invested Over $1 Million Into the Space for Caliber Collision
High-Traffic Location – 0.5 miles from I-71 (50,600+ AADT)
Strong Corporate Guaranty (1,800+ Locations)

EXECUTIVE SUMMARY

Brand-New 15-Year Lease Caliber Collision
15,000 SF Building on a 3.087 Acre Parcel
Surrounded by National Retailers – Including Kroger, McDonald’s, Walmart, Tractor Supply Co., Valvoline, AutoZone, Dollar General, Walgreens, KFC, Taco Bell, and more

Caliber Collision - La Grange, KY (Louisville MSA) - OM

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Auto Repair

Building Size

15,000 SF

Building Class

Year Built/Renovated

1999/2024

Price

$3,969,231

Price Per SF

$264.62

Cap Rate

6.50%

NOI

$258,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.11

Lot Size

3.08 AC

Zoning

I-1 - Commercial

Parking

55 Spaces (3.67 Spaces per 1,000 SF Leased)

MAJOR TENANTS

Caliber Collision
Services
-
-
Double Net
Aug 2039

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE TYPE		LEASE END
Caliber Collision	Services	-	-	Double Net		Aug 2039

PROPERTY TAXES

Parcel Number	39-00-00-9S	Improvements Assessment	$625,000
Land Assessment	$175,000	Total Assessment	$800,000

PROPERTY TAXES

Parcel Number

39-00-00-9S

Land Assessment

$175,000

Improvements Assessment

$625,000

Total Assessment

$800,000

Listing ID: 35292551
Date on Market: 3/28/2025
Last Updated:
Address: 2402 Allen Ln, La Grange, KY 40031

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