For Sale
$4,886,287

1550 Maple StNorth Canton, OH 44720

Caliber Collision Center: NNN Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a brand-new, 2025-constructed retail building in North Canton, Ohio, leased to Caliber Collision, the nation's largest collision repair provider. The 15-year absolute triple-net (NNN) lease boasts a 6.60% cap rate and a strong NOI of $322,495. Rental increases of 10% are built into the lease every five years. The property benefits from its prime location directly across from BMW and Toyota dealerships, near numerous other auto dealerships and service centers, and in close proximity to the Pro Football Hall of Fame, Kent State University at Stark, and Akron-Canton Airport. The surrounding area is densely populated and affluent, with average household incomes exceeding $95,000 within a 3-mile radius. The property also qualifies for significant tax benefits through accelerated depreciation and cost segregation. Hellman & Friedman, a private equity firm managing over $25 billion in assets, is the majority owner of Caliber Collision, providing further investment security. This is a rare chance to acquire a high-performing, low-maintenance asset with substantial long-term growth potential. The asking price is $4,886,287.

Highlights

  • 15-year absolute triple-net (NNN) lease with 10% rent increases every five years; new 2025 construction.
  • Caliber Collision, the nation's largest collision repair provider, occupies the space.
  • Hellman & Friedman, a major private equity firm with over $25 billion in assets, is the majority owner.
  • Located across from BMW and Toyota dealerships, near other auto dealerships and service centers.
  • Close proximity to the Pro Football Hall of Fame, attracting over 200,000 annual visitors and projected significant growth.
  • Located in a high-income area with average household incomes over $95,000 within a 3-mile radius.

Property Details for 1550 Maple St

Property type
Retail properties
Year Built
2025

Location Insight

City
North Canton
County
Stark
State
Ohio
Latitude
40.876653
Longitude
-81.421886
1550 Maple St, North Canton, Ohio

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1550 Maple St
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