Property Details

500 SW Grady Way

Renton, WA 98057

$6,310,000

Available

CBA# 707083 courtesy of CBA Listing firm: Marcus & Millichap, Inc.

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I’d like more information about 500 SW Grady Way, Renton, MLS# 707083

Office / Retail

Property Type

15,000

Bldg Sq Ft

6.00%

Cap Rate

1998

Year Built

Property Overview

We have 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 t