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Investment Highlights
- 12+ Year NNN Lease | Strong Corporate Guarantee | 650+ Locations
- 2008 Construction | Low Maintenance Metal Buildings
- Established Collision Repair Site for 18+ Years
- Rare 3.00% Annual Rent Increases
- Limited Collision Repair Competition | Regional Draw
- Robust Regional Demographics | Income Tax-Free State
Executive Summary
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.
Property Facts
| Price | $6,998,551 CAD | Number of Properties | 3 |
| Price / SF | $306.31 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.75% | Total Building Size | 22,848 SF |
| Sale Type | Investment | Total Land Area | 1.86 AC |
| Status | Active |
| Price | $6,998,551 CAD |
| Price / SF | $306.31 CAD / SF |
| Cap Rate | 5.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 22,848 SF |
| Total Land Area | 1.86 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg A
6021 199th St NE, Arlington, WA 98223 |
Industrial | 11,424 SF | 2008 | - |
|
Bldg B
6021 199th St NE, Arlington, WA 98223 |
Industrial | 11,424 SF | 2008 | - |
| 6011 199th St NE, Arlington, WA 98223 | Land | 1.24 AC | - | - |
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Crash Champions listing in Arlington
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