Sell Your Gerber Collision Property
Considering selling your Gerber Collision & Glass property? NNN Realty specializes in net lease investment sales nationwide, including collision repair properties. Learn how buyers evaluate Gerber leases backed by Boyd Group Services, what affects your property’s value, and what to expect throughout the selling process.
The Gerber Collision Market at a Glance
Short Answer
The value of a Gerber Collision & Glass property depends on the remaining lease term, the rent and its increases, whether the lease is NN or NNN, and which Boyd entity guarantees it. Boyd Group Services is publicly traded and reports quarterly, which buyers generally view more favorably than private equity owned collision chains, although its credit rating is below investment grade. If your shop was a Joe Hudson’s location, confirming the current tenant and guarantor is an important first step.
- Typical cap rate
- 6.25% to 7.75%
- Typical sale price
- $1.5M to $2M
- Typical term left at sale
- 5 to 10 years
- Typical lease type
- NN or NNN
Approximate ranges from NNN Realty’s tracking of Gerber Collision listings and reported sales, with data as of October 5, 2026. They are a starting point, not an appraisal or a quote of current pricing: your property’s value depends on its lease, location and condition.
How to Sell Your Gerber Collision Property
Selling a Gerber Collision & Glass property starts with confirming the tenant and guarantor and documenting the landlord’s responsibilities, which buyers ask about first. Our process helps owners set realistic pricing, reach investors who buy collision repair properties, and manage the sale from valuation through closing.
Property Review & Valuation
We review the lease term and options, the rent and its annual or periodic increases, NN or NNN responsibilities, and the tenant and guarantor entities, especially for former Joe Hudson’s shops now operating under Boyd. We also consider the building’s bays and paint booths, the site’s location and access, and comparable collision sales to recommend a realistic asking price.
Market Positioning & Buyer Targeting
We present the property with professional photography, drone imagery where appropriate, and an offering memorandum that highlights the Boyd guarantee, if your lease has one, and the rent increases. We then contact buyers active in collision repair properties, including 1031 exchange investors, private investors and funds that value public-company reporting, supported by nationwide marketing exposure.
Offers, Buyer Qualification & Negotiations
When offers arrive, we compare price with each buyer’s experience, financing or proof of funds, proposed terms, and ability to close. We help negotiate a non-binding Letter of Intent (LOI) that captures price, deposits and timing, which then becomes the basis for a formal Purchase and Sale Agreement (PSA).
Due Diligence & Closing
After the Purchase and Sale Agreement is signed, the buyer generally has a negotiated due diligence period, often about 30–45 days. Buyers usually order a Phase I environmental report because of paint booth operations, and on NN leases they inspect the roof and structure along with reviewing title, survey and the lease. If issues come up, the buyer may be able to terminate and recover the earnest money deposit.
We coordinate the document package, site visits, the tenant estoppel, and communication among the buyer, attorneys, title company and lender. Depending on the purchase agreement, the earnest money may become nonrefundable once due diligence expires, subject to contractual exceptions. Closing commonly happens about 15–30 days after that, although timelines vary by transaction.
What Is My Gerber Collision Property Worth?
The value of a Gerber Collision & Glass property is primarily determined by its net operating income (NOI) and the capitalization rate (cap rate) buyers are willing to accept. Not every Gerber property trades at the same cap rate. The guarantor, the remaining term, annual increases, and NN versus NNN duties are the main reasons pricing varies.
How Cap Rates Affect Your Property’s Value
A cap rate represents the relationship between a property’s annual net operating income and its purchase price. Generally, a lower cap rate results in a higher property value, while a higher cap rate results in a lower value.
Example: $130,000 annual NOI at 7% cap rate = approximately $1,857,143 estimated property value.
Property Value = Annual NOI ÷ Cap Rate
Cap rate calculator
Estimated property value
Illustrative calculation only. Actual sale prices depend on property characteristics and market conditions.
Factors That Influence Gerber Collision Property Values
Guarantor Entity
A guarantee from a Boyd parent company is what buyers value most. A lease backed only by a subsidiary or a former Joe Hudson’s entity generally sells at a higher cap rate.
Remaining Lease Term
A lease with many years left and a strong guarantee draws the best pricing. Shorter terms push the cap rate toward the high end because collision buildings have a narrower pool of replacement tenants.
Annual Rent Increases
Many Gerber leases include yearly increases, which steadily grow income and help offset below investment grade credit. Feature the increase schedule clearly when the property is marketed.
NN or NNN Responsibilities
An NNN lease, with the tenant covering the roof and structure, generally draws stronger offers than an NN lease. Know exactly what your lease assigns to the landlord before you price.
Joe Hudson’s Conversion Status
Former Joe Hudson’s shops were converted to Boyd’s systems and branding in 2026, but the lease may still name a Joe Hudson’s entity. Confirm any assignment and the guarantor so buyers can underwrite the lease with confidence.
Gerber Collision as a Tenant
Gerber Collision & Glass is the U.S. collision repair brand of Boyd Group Services Inc., which also operates Boyd Autobody & Glass and Assured Automotive in Canada and runs its collision centers itself rather than franchising them. Leases are typically signed by a Boyd or Gerber operating entity, and many carry a guarantee from a Boyd parent company. Former Joe Hudson’s leases in particular may name a different entity, so confirm the tenant and any guarantee from your lease documents.
As of August 11, 2026, Boyd operated 1,323 collision locations, including 1,189 in the U.S. It closed its US$1.3 billion acquisition of Joe Hudson’s Collision Center on January 9, 2026, adding 258 locations in the Southeast, and completed converting those shops to its systems and branding in the second quarter. Boyd is rated BB (high) by Morningstar DBRS (as of March 2026), which is below investment grade, but its public reporting gives buyers more visibility than most collision tenants offer.
- Parent company
- Boyd Group Services Inc. (NYSE: BGSI; TSX: BYD)
- Locations
- 1,323 collision locations as of August 11, 2026, including 1,189 in the U.S.
- Credit rating
- BB (high) from Morningstar DBRS (as of March 17, 2026); no S&P or Moody’s rating found
- Common lease terms
- Often 10 to 15 years, NN or NNN, with many leases increasing about 3% a year. Confirm the guarantor and landlord duties in your lease.
- Typical building
- About 10,000 to 25,000 square feet on 1 to 2 acres
Company facts checked October 20, 2026. Sources:
What Is Your Gerber Collision Property Worth?
Considering selling your Gerber Collision & Glass property? NNN Realty can help you understand its current market value by confirming your tenant and guarantor, reviewing the rent increases and landlord duties, and comparing recent collision repair sales.
If you’re thinking about selling, now or later, we can walk you through what buyers are likely to pay and why.
NNN Realty is not affiliated with Boyd Group Services Inc.. Market ranges are approximate, based on listings and sales tracked through October 5, 2026, and the calculator is illustrative. Nothing here is tax, legal or investment advice.