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FOR SALE - Listing #: 715050
Crash Champions - Monroe
135 - 0 E Hill St , Monroe WA98272
6,970 Available SF 6,970 SF
Agent Remarks
We have been selected to exclusively market for sale a corporate Crash Champions in Monroe, WA. Crash Champions recently exercised its first 5-year option, extending the lease expiration to 9/30/2030 and showing strong commitment to the site. The tenant is currently paying just $10.22/SF + NNN in rent, with market rents achievable in the $20/SF - $24/SF + NNN range, providing a low operating cost for Crash Champions and meaningful long-term rental upside. The lease includes attractive 2.00% annual rent increases throughout the initial term and option periods, providing consistent NOI growth and strong inflation protection. The NNN lease features very minimal landlord responsibilities (roof only) and is backed by Crash Champions, LLC, a leading national collision repair operator with over 650 locations across 38 states. The property has been operated continuously as an automotive repair facility for over 27 years (since 1999), providing established traffic patterns and strong customer draw. It is located within blocks of both Hwy 2 and Hwy 203 (49,000+ VPD combined) and nearby numerous national retail tenants including Walmart, Safeway, and Lowe’s. The property benefits from strong market fundamentals, including a supply-constrained retail submarket vacancy rate of approximately 1.8%, supporting long-term tenant demand for well-located service-oriented uses. The property serves an established population of approximately 165,000 residents within a 10-mile radius, with average household incomes exceeding $169,000. Additionally, Washington’s status as an income tax-free state enhances after-tax returns, making this an attractive opportunity for investors seeking durable cash flow and long-term growth.
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County
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Snohomish
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Market Area
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Not Assigned
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Tax ID #
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27060100106300
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Price
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$ 1,000,000
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Property Details
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Prop Type
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Retail
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# Floors
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1
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Bldg SF
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6,970
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Year Built
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1913
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Land SF
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13,940
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# Bldgs
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1
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Acres
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0.32002
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# Parking Spaces
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0
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Office Class
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Informational Links
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