Auto Service - Gas-Conv
Crash Champions | 12+ Year Corporate NNN Lease | 3% Annual Increases
6021 199th St NE, Arlington, WA 98223
Listing Price: $5,130,000
Investment Overview
Brown Retail Group of Marcus & Millichap has been selected to exclusively market for sale a 12+ year corporate Crash Champions in Arlington, WA. The property features a long-term, 12+ year NNN lease with minimal landlord responsibilities, backed by Crash Champions, LLC, a leading national collision repair operator with over 650 locations across 38 states. The lease includes rare 3.00% annual rent increases throughout the initial term and option periods, providing consistent NOI growth and strong inflation protection. The property features two steel frame metal buildings with metal roofs built in 2008, providing robust building and minimal maintenance requirements or expense. One of the buildings has operated as a collision repair facility for over 18 years, establishing consistent customer traffic and demand. The collision repair operations eventually expanded into the second building to occupy the entire property, demonstrating strong demand. Positioned to serve a broad trade area with limited nearby competition, the asset captures demand from surrounding communities and benefits from strong regional fundamentals, including a population of approximately 145,000 residents within a 10-mile radius and average household incomes exceeding $122,000. Additionally, Washington’s status as an income tax-free state enhances after-tax returns, making this an attractive opportunity for investors seeking durable cash flow and long-term growth.
Investment Highlights
- 12+ Year NNN Lease
- Strong Corporate Guarantee | 650+ Locations
- Rare 3.00% Annual Rent Increases
- 2008 Construction | Low Maintenance Metal Buildings
- Limited Collision Repair Competition | Regional Draw
- Established Collision Repair Site for 18+ Years
- Robust Regional Demographics
- Income Tax-Free State
Exclusively Listed By
Auto Service - Gas-Conv
Crash Champions | 12+ Year Corporate NNN Lease | 3% Annual Increases
Listing Price: $5,130,000
Investment Highlights
- 12+ Year NNN Lease
- Strong Corporate Guarantee | 650+ Locations
- Rare 3.00% Annual Rent Increases
- 2008 Construction | Low Maintenance Metal Buildings
- Limited Collision Repair Competition | Regional Draw
- Established Collision Repair Site for 18+ Years
- Robust Regional Demographics
- Income Tax-Free State
Investment Overview
Brown Retail Group of Marcus & Millichap has been selected to exclusively market for sale a 12+ year corporate Crash Champions in Arlington, WA. The property features a long-term, 12+ year NNN lease with minimal landlord responsibilities, backed by Crash Champions, LLC, a leading national collision repair operator with over 650 locations across 38 states. The lease includes rare 3.00% annual rent increases throughout the initial term and option periods, providing consistent NOI growth and strong inflation protection. The property features two steel frame metal buildings with metal roofs built in 2008, providing robust building and minimal maintenance requirements or expense. One of the buildings has operated as a collision repair facility for over 18 years, establishing consistent customer traffic and demand. The collision repair operations eventually expanded into the second building to occupy the entire property, demonstrating strong demand. Positioned to serve a broad trade area with limited nearby competition, the asset captures demand from surrounding communities and benefits from strong regional fundamentals, including a population of approximately 145,000 residents within a 10-mile radius and average household incomes exceeding $122,000. Additionally, Washington’s status as an income tax-free state enhances after-tax returns, making this an attractive opportunity for investors seeking durable cash flow and long-term growth.
Exclusively Listed By