Published on: Wednesday, July 23, 2025
Updated on: Wednesday, July 23, 2025
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About the Lister
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Name: Jack Cornell
Company: SRS Real State Partners
Office Phone: (801) 410-1621
Cell Phone: (801) 410-1621
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Financing  Business  Material
  Gerber Collision & Glass
1210 Devereux Rd Cardiff Colorado , 81601
1210 Devereux Rd Cardiff Colorado , 81601  SRS Real State Partners
Listing ID: CL-Colorado-25960

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 5.93
Net Operating Income: $207,498.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Colorado-25960
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1981
Building Size: 10,000.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 43
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Tenant recently exercised their first 5-year option and still has 2 (5-year) options to extend, demonstrating their commitment to the site.
Complete Details
Year Build: 1981
Building Size: 10,000 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 43
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

• Tenant recently exercised their first 5-year option and still has 2 (5-year) options to extend, demonstrating their commitment to the site
• 5% rental increases at the beginning of each option period, growing NOI and hedging against inflation
• The site receives additional income from an adjacent storage yard that currently brings in $3,127 in monthly rental income
• The lease is signed by Gerber Collision (Colorado), Inc.
• Founded in 1937, Gerber Collision is one of the largest auto collision and glass repair companies with over 800 locations across North America

Additional Properties
Property Highlights
  • Options to Extend | Corporate Signed | Additional Income |Reputable Auto Repair Company
  • NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Located Along Interstate 70 | Nearby National/Credit Tenants
  • Strong Demographics in 5-Mile Trade Area
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2025
$0.00
$0.00
$0.00
$207,498.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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