About this property
Investment Opportunity, multi-state autobody shop with 13 locations and growing. New 10-year lease commencing October 1, 2023, with 3% annual rent increases and two 5-year options with The Collision Guys https://www.thecollisionguys.com. This is a great opportunity to own a long-term NNN lease property with great returns. Cap Rate in year 1 is 7% and 9.1% in year 10 giving great appreciation to the investor. This auto body shop was 100% remodeled and expanded in 2015, meeting all EPA regulations as an autobody shop with a paint booth. A new roof was installed in 2023.
Historically, consumers look to repair their vehicles instead of purchasing a new vehicle in a down economy making this an attractive investment with an expanding operator of auto body repair shops.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 3,292 sqft
- Land Size
- 0.25 acres
- Sewer
- MSD
- Water
- City
- Zoning
- B-Two Family Residental
- Electric
- 400 Amp
- Year Built
- 1930
- Roof
- Rubber and Metal
- Construction
- Masonry and Metal
- Air Condition
- 100% Air- Condition Space
- Drive In Doors
- 7 Drive-in Doors
- Year Remodeled
- 2015
- Body Shop Equip
- Included
Documents 3 files
Last updated: Sep 30, 2026
Location
- Address
-
2855 Magnolia Avenue
St. Louis, Missouri 63118