Auto Service - Gas-Conv
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
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
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