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Crash Champions 500 SW Grady Way 15,000 SF Retail Building Renton, WA 98057 $6,310,000 ($420.67/SF) 5.35% Cap Rate



Investment Highlights
- Brand-New 15-Year NNN Lease | Strong Corporate Guarantee (650+ Locations)
- Tenant Expansion & Full-Building Occupancy | Planned Tenant Renovations
- Meticulously Maintained Property with Zero Deferred Maintenance
- Rare 12.5% Rent Increases | Income Tax Free State
- Strategic Auto-Oriented Location and Historical Occupancy | Dense, Affluent Demographics
- 10+ Year Transferable Roof Warranty
Executive Summary
Marcus & Millichap’s Brown Retail Group 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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
B
Year Built/Renovated
1998/2026
Price
$6,310,000
Price Per SF
$420.67
Cap Rate
5.35%
NOI
$337,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.47 AC
Zoning
CA
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Crash Champions
- Services
- 15,000 SF
- $22.50
- Triple Net
- Oct 2040
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Crash Champions | Services | 15,000 SF | $22.50 | Triple Net | Oct 2040 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 192305-9084 | Improvements Assessment | $1,621,100 |
| Land Assessment | $2,828,100 | Total Assessment | $4,449,200 |
Property Taxes
Parcel Number
192305-9084
Land Assessment
$2,828,100
Improvements Assessment
$1,621,100
Total Assessment
$4,449,200
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Crash Champions | 500 SW Grady Way
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