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Auto Parts

Crash Champions

2929 Strawn Ln, Fort Worth, TX 76135

Listing Price: $5,567,424

Cap Rate
6.25%
Tenant Name
Service King Paint & Body, LLC
Years Remaining On Lease
13.3
Gross SF
22,500
Guarantor
Corporate Guarantee
Rentable SF
22,500
Price/Gross SF
$247.44
Lease Type
Absolute Net
Rent Per Square Feet
$15.47

Investment Overview

Founded in 1999 in New Lenox, Illinois, Crash Champions is an industry leader in its commitment to manufacturer-certified repairs and industry leading performance. It is one of the nation's fastest-growing high-quality collision repair service providers and the largest founder-led multi-shop operator in the industry.
Fort Worth is the fifth-largest city in Texas and the 13th-largest city in the United States. The county seat of Tarrant County, Fort Worth spans 350 square miles and is home to an estimated population of 990,000 residents.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with 13+ Years Remaining
  • 10 Percent Rental Increases Every Five Years
  • 166,819 Residents within a Five-Mile Radius in Growing Fort Worth Trade Area
  • Households and Population Projected to Increase More Than 7 Percent in the Surrounding Area by 2028
  • Crash Champions Acquired Service King in 2022 and Now Operates Over 650 Repair Shops in 38 States and Washington, D.C.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Parts

Crash Champions

Listing Price: $5,567,424

Cap Rate
6.25%
Tenant Name
Service King Paint & Body, LLC
Years Remaining On Lease
13.3
Gross SF
22,500
Guarantor
Corporate Guarantee
Rentable SF
22,500
Price/Gross SF
$247.44
Lease Type
Absolute Net
Rent Per Square Feet
$15.47

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with 13+ Years Remaining
  • 10 Percent Rental Increases Every Five Years
  • 166,819 Residents within a Five-Mile Radius in Growing Fort Worth Trade Area
  • Households and Population Projected to Increase More Than 7 Percent in the Surrounding Area by 2028
  • Crash Champions Acquired Service King in 2022 and Now Operates Over 650 Repair Shops in 38 States and Washington, D.C.

Investment Overview

Founded in 1999 in New Lenox, Illinois, Crash Champions is an industry leader in its commitment to manufacturer-certified repairs and industry leading performance. It is one of the nation's fastest-growing high-quality collision repair service providers and the largest founder-led multi-shop operator in the industry. Fort Worth is the fifth-largest city in Texas and the 13th-largest city in the United States. The county seat of Tarrant County, Fort Worth spans 350 square miles and is home to an estimated population of 990,000 residents.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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