Matthews Logo

Navigation Menu

2960 Penn Ave, Marianna, FL, 32448

CLASSIC COLLISION
CONTACT BROKER

Key Information

Tot. SF
7,858
Year Built
1968/ R 1990
Term Remaining
±8.75 YRS
Type
Retail

Highlights

INVESTMENT HIGHLIGHTS

  • Strategic retail property: The asset is a 7,858 SF single-tenant auto‑repair building on a 0.57 acre lot, built in 2000, class C retail, suitable for stable income from auto services
    ○ Classic Collision has 325+ state of the art repair facility throughout 21 states
  • Access & visibility: Positioned in Marianna city limits along Penn Ave, near US‑90 and I‑10 exit 136, offering solid regional connectivity and traffic flow
  • Stable population with growth – Marianna has seen modest population growth (~2% from 2022–23), steady median household income rising ~33% to $66K
  • Private Equity Backed Tenant: Classic Collision was purchased by the 4th largest PE firm in the world, TPG in April of 2024.
  • Corporate Guarantee NN+ Lease with ±8.75 Years of Term Remaining:
    ○ The landlord responsibilities are limited to the Roof and Structure only
    ○ Essential, Recession-resistant Auto Service Tenant

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203