1607 East Commerce St

• Formerly operated as Joe Hudson’s Collision Center, the property now operates under the Gerber Collision & Glass brand following Boyd Group’s acquisition of Joe Hudson earlier this year.
• Corporate lease with JHCC Holdings, LLC.
• Double Net lease structure with limited landlord responsibilities.
• Tenant is currently paying below-market rent of approximately $6.56/SF compared to a market rate of $10.12/SF according to CoStar. The location has been occupied by Joe Hudson for more than 20 years, creating potential long-term rental upside.
• Well-positioned location between U.S. Highway 31 and the Greenville Bypass, providing convenient access throughout the market.
• Gerber Collision & Glass operates more than 1,000 collision repair facilities across North America and is one of the largest collision repair companies in the industry.
• Strong presence throughout the Southeast with locations in Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, Tennessee, Texas, and Virginia.
• Offered at an attractive 7.34% cap rate with a low acquisition basis of $420,000.
• Tenant has occupied the site for more than two decades and maintains two remaining 5-year renewal options, demonstrating a long-term commitment to the location.