Skip to main content

Auto Service - Gas-Conv

Service King

3504 Marvin D. Love Fwy, Dallas, TX 75224

Listing Price: $1,400,000

Cap Rate
6.00%
Tenant Name
Service King
Years Remaining On Lease
2.3
Gross SF
13,942
Guarantor
No Guarantee
Rentable SF
13,942
Price/Gross SF
$100.42
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$6.02

Investment Overview

Marcus & Millichap is pleased to present this Service King property located on Marvin D. Love Freeway in Dallas, Texas. The subject property consists of three buildings, totaling 13,942 square feet sitting on 1.36 acres. The facility was built in 1981 and features a mixture of haydite block and tilt-wall construction, along with eighteen drive-in doors. There are over two years remaining on a Triple-Net (NNN) lease, and the lease offers two, five-year renewal options with a $500 monthly rent increase in each option. DALLAS Dallas, a modern metropolis in north Texas, is a commercial cultural hub of the region. With more than 135,000 employees and 14,000 residents, downtown Dallas is the urban core of the Dallas Fort-Worth region and offers an urban work environment unmatched throughout the region. Dallas has the ninth largest high-tech job concentration in the country, the fifth largest tech workforce and was named 11th most high-tech city in the world by Business Insider. SERVICE KING Service King Collision®, which is now celebrating more than 45 years of experience in the automotive repair industry, is a leading national operator of comprehensive, high-quality auto body collision repair facilities. Since its founding in 1976, Service King has grown into one of the industry’s largest collision repair platforms with over 330 locations spanning 24 states. Today, Service King offers deep footprint coverage in many of the nation’s fastest growing MSAs, including Atlanta, Austin, Dallas, Houston, Las Vegas, Nashville, Phoenix, Salt Lake City, San Antonio, Seattle, and Washington, D.C. CRASH CHAMPIONS Crash Champions is a leading independent collision repair company operating 218-state-of the-art centers across 20 states including California, Colorado, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Pennsylvania, Ohio, Oregon, Washington, and Wisconsin, as well as Washington, D.C. Founded in 1999 as a single shop outside Chicago by industry veteran and entrepreneur Matt Ebert, today Crash Champions is one of the fastest growing and largest founder-led and operated collision repair MSOs in America. CRASH CHAMPIONS MERGER Crash Champions has confirmed its merger with Service King through an investment by Clearlake Capital Group. According to Crash Champions Founder and CEO Matt Ebert, the deal is scheduled to close at the beginning of August, with Clearlake Capital Group as the investor. Following the closing and integration, the company will operate over 550 total locations across 35 states and the District of Columbia under the Crash Champions name and banner.

Investment Highlights

  • 28+ Years of Operating History as a Body Shop
  • 85,384 Vehicles Per Day on Highway 67
  • New Merger with Crash Champions Growing the Company to 550 Locations Nationwide

Exclusively Listed By

Auto Service - Gas-Conv

Service King

Listing Price: $1,400,000

Cap Rate
6.00%
Tenant Name
Service King
Years Remaining On Lease
2.3
Gross SF
13,942
Guarantor
No Guarantee
Rentable SF
13,942
Price/Gross SF
$100.42
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$6.02

Investment Highlights

  • 28+ Years of Operating History as a Body Shop
  • 85,384 Vehicles Per Day on Highway 67
  • New Merger with Crash Champions Growing the Company to 550 Locations Nationwide

Investment Overview

Marcus & Millichap is pleased to present this Service King property located on Marvin D. Love Freeway in Dallas, Texas. The subject property consists of three buildings, totaling 13,942 square feet sitting on 1.36 acres. The facility was built in 1981 and features a mixture of haydite block and tilt-wall construction, along with eighteen drive-in doors. There are over two years remaining on a Triple-Net (NNN) lease, and the lease offers two, five-year renewal options with a $500 monthly rent increase in each option. DALLAS Dallas, a modern metropolis in north Texas, is a commercial cultural hub of the region. With more than 135,000 employees and 14,000 residents, downtown Dallas is the urban core of the Dallas Fort-Worth region and offers an urban work environment unmatched throughout the region. Dallas has the ninth largest high-tech job concentration in the country, the fifth largest tech workforce and was named 11th most high-tech city in the world by Business Insider. SERVICE KING Service King Collision®, which is now celebrating more than 45 years of experience in the automotive repair industry, is a leading national operator of comprehensive, high-quality auto body collision repair facilities. Since its founding in 1976, Service King has grown into one of the industry’s largest collision repair platforms with over 330 locations spanning 24 states. Today, Service King offers deep footprint coverage in many of the nation’s fastest growing MSAs, including Atlanta, Austin, Dallas, Houston, Las Vegas, Nashville, Phoenix, Salt Lake City, San Antonio, Seattle, and Washington, D.C. CRASH CHAMPIONS Crash Champions is a leading independent collision repair company operating 218-state-of the-art centers across 20 states including California, Colorado, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Pennsylvania, Ohio, Oregon, Washington, and Wisconsin, as well as Washington, D.C. Founded in 1999 as a single shop outside Chicago by industry veteran and entrepreneur Matt Ebert, today Crash Champions is one of the fastest growing and largest founder-led and operated collision repair MSOs in America. CRASH CHAMPIONS MERGER Crash Champions has confirmed its merger with Service King through an investment by Clearlake Capital Group. According to Crash Champions Founder and CEO Matt Ebert, the deal is scheduled to close at the beginning of August, with Clearlake Capital Group as the investor. Following the closing and integration, the company will operate over 550 total locations across 35 states and the District of Columbia under the Crash Champions name and banner.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower