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Crash Champions | New 15-Year NNN Corporate Guaranteed Lease feat. 12.5% Rent Increases

500 Southwest Grady Wy, Renton, WA 98057

Listing Price: $6,310,000

Cap Rate
5.35%
Tenant Name
Crash Champions
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.50

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale a corporate Crash Champions collision repair facility located in core Renton, WA (Seattle MSA). The Property features a brand-new 15-year NNN lease that commenced November 1, 2025, with a corporate guarantee from Crash Champions, one of the largest and fastest-growing collision repair operators in the United States with over 650 locations across 38 states. The Lease also includes rare 12.5% rent increases in Year 5 and Year 11 of the initial term and in each option period, providing a strong hedge against inflation and meaningful embedded NOI growth. In 2022 Crash Champions purchased the operations of a successful collision shop leasing a portion of the building, then expanded its occupancy in 2024, and recently completed its expansion to occupy the entire premises, including the 15,000 SF building, demonstrating long-term commitment to the site and continued operational success. The Property benefits from dense, affluent demographics, serving approximately 266,000 residents within a five-mile radius with average household incomes exceeding $116,000. Additionally, the asset is located in Washington, an income tax-free state, enhancing after-tax returns for investors seeking stable, long-term cash flow in a core Seattle-area submarket.

Investment Highlights

  • Brand-New 15-Year NNN Lease
  • Strong Corporate Guarantee (650+ Locations)
  • Rare 12.5% Rent Increases
  • Tenant Expansion & Full-Building Occupancy
  • Meticulously Maintained Property with Zero Deferred Maintenance and 10+ Year Transferable Roof Warranty
  • Planned Tenant Renovations
  • Strategic Auto-Oriented Location and Historical Occupancy
  • Low Vacancy Submarket and Strong Market Rent Growth

Exclusively Listed By

Auto Service - Gas-Conv

Crash Champions | New 15-Year NNN Corporate Guaranteed Lease feat. 12.5% Rent Increases

Listing Price: $6,310,000

Cap Rate
5.35%
Tenant Name
Crash Champions
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.50

Investment Highlights

  • Brand-New 15-Year NNN Lease
  • Strong Corporate Guarantee (650+ Locations)
  • Rare 12.5% Rent Increases
  • Tenant Expansion & Full-Building Occupancy
  • Meticulously Maintained Property with Zero Deferred Maintenance and 10+ Year Transferable Roof Warranty
  • Planned Tenant Renovations
  • Strategic Auto-Oriented Location and Historical Occupancy
  • Low Vacancy Submarket and Strong Market Rent Growth

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale a corporate Crash Champions collision repair facility located in core Renton, WA (Seattle MSA). The Property features a brand-new 15-year NNN lease that commenced November 1, 2025, with a corporate guarantee from Crash Champions, one of the largest and fastest-growing collision repair operators in the United States with over 650 locations across 38 states. The Lease also includes rare 12.5% rent increases in Year 5 and Year 11 of the initial term and in each option period, providing a strong hedge against inflation and meaningful embedded NOI growth. In 2022 Crash Champions purchased the operations of a successful collision shop leasing a portion of the building, then expanded its occupancy in 2024, and recently completed its expansion to occupy the entire premises, including the 15,000 SF building, demonstrating long-term commitment to the site and continued operational success. The Property benefits from dense, affluent demographics, serving approximately 266,000 residents within a five-mile radius with average household incomes exceeding $116,000. Additionally, the asset is located in Washington, an income tax-free state, enhancing after-tax returns for investors seeking stable, long-term cash flow in a core Seattle-area submarket.

Exclusively Listed By

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