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33265209
33265205

2500 Prater Way, Sparks, NV 89431

Cushman & Wakefield - Reno, Nevada
Listed by Cushman & Wakefield - Reno, Nevada
$3,335,000
8 days on market
Updated 2 days ago

G&C Auto Body

Details
Property Type Retail, Industrial
Sub Type Auto Shop
Square Footage 13,787
Cap Rate 6.00%
NOI $200,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Lease Options 4 x 5
Year Built 1978
Year Renovated 2026
Buildings 1
Acreage 1.390
Investment Type Net Lease
Ground Lease No
Sale Condition Sale for leaseback

15-Year NNN Sale Leaseback | Adjacent to Busiest Interchange in Northern Nevada | Reno MSA

Marketing description

Cushman & Wakefield is pleased to offer for sale a new 15 year Absolute NNN sale leaseback to G&C Auto Body upon close of escrow. Originally constructed in 1978 and renovated in 2026, this opportunity includes a 13,787 square foot single story service location on a 1.39-acre lot.

The subject property sits in a high-traffic location immediately off of Interstate 80 on the border of Sparks and Reno, Nevada. Less than a mile away from the auto shop is the I-80/I-580 junction, commonly referred to as the “Spaghetti Bowl” and notorious for its snarled traffic and regular accidents. With average daily traffic counts of 118,00 on I-80 and 102,000 on I-580, the junction is the busiest in Northern Nevada and an ideal location for a collision-repair property.

In addition to the high-traffic location, the subject property is surrounded by complementary automotive concepts, including Arco/AMPM, Sierra Express Car Wash, Instant Smog Inc, and Fast Tires and Brakes. The site is also central to many of the area’s biggest attractions, with The Grand Sierra, Circus Circus, and The Nugget casinos, as well as the Reno-Tahoe International Airport, all located within a ten-minute drive.

The site was previously the location of a long-standing, successful local collision center and includes 240V/3-phase power, grade-level doors, and around 100 secured parking spaces. The property includes about 4,100 square feet of office space and 9,700 square feet of production space.

About the Tenant: G&C Auto Body Shop

Background

Founder Gene Crozat opened the first G&C Auto Body in 1972, eventually assembling the largest group of auto body facilities north of the Golden Gate that now counts 46 current locations across Northern California. G&C Auto Body has its corporate headquarters in Santa Rosa, California and plans to open another twenty locations by year end. G&C is a high-performing, family-owned and operated company that uses its regional approach to drive strong operational performance.

Services

From minor dents to major structural damage, G&C specializes in full-service collision repair. Key services include frame straightening, structural and unibody repairs, airbag and safety system recalibration, and alignment and suspension correction. Other services offered by G&C include auto painting and refinishing, ding and dent repair, bumper and fender repair, auto detailing, insurance assistance, and towing drop-off/assistance. All repairs come with lifetime warranty and 100% customer satisfaction guarantee. In addition, all locations feature I-CAR Gold Class Certified Technicians who are constantly being tested to ensure high quality standards of service.

Investment highlights

  • 15 YEAR ABSOLUTE NNN - Zero landlord responsibilities with 15 years of income. Passive, mailbox money investment.
  • CORPORATE LEASE GUARANTEE - sale leaseback opportunity with high-performing regional auto repair business. Currently 46 locations projecting to 66 by end of 2026.
  • INCOME TAX FREE STATE - Nevada’s lack of a state personal income tax continues to attract both businesses and residents, supporting strong population growth, workforce migration, and economic expansion. This favorable tax environment enhances consumer spending power and contributes to long-term demand for commercial real estate throughout the state.
  • $100K IN TENANT INVESTMENT – G&C Auto Body as invested approximately $100k into renovating the property, demonstrating a strong long-term commitment to the location and enhancing the overall quality of the asset
  • 2% ANNUAL RENT BUMPS – Consistent annual rent growth provides hedge against inflation
  • LARGE MSA – Reno-Sparks MSA has a population over 500,000 with average household income of $118,053
  • PROOF OF CONCEPT – The site was previously occupied for almost fifty years by a successful local auto body shop until their sale to G&C Auto Body in 2024.

Listing Contacts

Cushman & Wakefield - Reno, Nevada
Listed by Cushman & Wakefield - Reno, Nevada

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Zoning

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MUD MixedMixed UseMixed Use District
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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