942 Hurricane Shoals Rd NE, Lawrenceville, GA 30043

20 Year Lease Term – 2% Annual Increases – Absolute NNN Subject Property is encumbered by an institutional quality lease. The Tenant is operating under a highly passive Absolute NNN lease with zero landlord obligations. The primary lease term is twenty (20) years with an expiration date of December 31, 2045. Additionally, the lease boasts 2.00% annual rental increases throughout the primary term and throughout each of the four (4), five (5) year option periods.

Standard & Poor’s Rated Guarantor The company was founded in 1999 as New Lennox Auto Body, and rebranded in 2014 to Crash Champions Collision Center. In 2022, the company brand was acquired by private-equity company, Clearlake Capital and subsequently purchased Service King. Post acquisition, a new entity was created, Champions Financing, Inc. which holds a Standard & Poor’s credit rating of B- with a stable outlook. Subject Property is unique because most of the existing Crash Champions locations hold a smaller lease guaranty that was in-place prior to the Service King acquisition.

A+ Real Estate in a Fast-Growing Atlanta Market Lawrenceville’s population has increased by approximately 45–50% since 2000, driven by strong job growth, infrastructure investment, and sustained in-migration to the Atlanta metro. Lawrenceville, located in Gwinnett County, is a prominent suburban center within the Atlanta metropolitan area, which has an MSA population of approximately 6.3 million. Situated roughly 30 miles northeast of Downtown Atlanta, Lawrenceville offers direct access to the region’s primary employment hubs via I-85 and major arterial corridors. As the county seat of one of Georgia’s fastest-growing counties, the city has benefited from Atlanta’s continued outward expansion.

Large and Consistent Growing Industry The car collision industry has a market size $36.7 Billion and is expected to grow to nearly $40 Billion by 2030. There are a number of contributing factors, including, high employment rates in the U.S. which have contributed to continued economic growth and, in turn, high automobile sales. Additionally, the average miles driven per vehicle has also increased, thereby driving the need for repairs and part replacement.

Strong Real Estate Fundamentals in a Dense Corridor Subject Property is being offered at +/- $217 PSF and the tenant is under agreement at a below market and replaceable NNN rental rate of $12 PSF. In the immediate vicinity is the Gwinnett County Municipal Airport and a dense industrial park with institutional ownership.