Crash Champions | Over 10 Years Remaining
High Barriers to Entry | 2% Annual Increases
Marketing description
Flanagan Investment Real Estate is pleased to offer for sale a single-tenant, Crash Champions in Albuquerque, NM. Crash Champions is operating under a 15-year lease with over 10 years remaining. The asset is located on Juan Tabo Blvd just south of Interstate 40. This submarket, the Northeast Heights, has high barriers to entry.
Crash Champions is a strong tenant that is expanding rapidly across the country. Crash Champions is the third largest collision repair operator with over 650+ locations across 38 states. The lease features 2% annual increases.
This investment benefits from the long-term lease, annual increases, and its exceptional location. The site is located on a main thoroughfare and is in close proximity to Interstate 40. The passive nature of the lease combined with the strong real estate fundamentals make this property an opportunity on which an investor can capitalize for the foreseeable future.
Investment highlights
- Over 10 years of lease term remaining
- (2) 5-year options to extend
- 2% annual increases
- Building Size: +/- 18,839 SF
- Land Size: +/- 1.84 acres
- Low rent of $12.41/SF
- Lamar sign lease: $600/year
- Strong Tenant with rapid growth
- 3rd largest collision repair operator
- 650+ locations
- Located across 38 states
- Merged with Service King in 2022
- High barriers to entry
- Northeast Heights submarket
- Central and convenient location
- Located just south Interstate 40
- Traffic counts exceed 31,400 VPD on Juan Tabo Blvd
- Dense, in-fill site surrounded by commercial and residential
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
