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3205 NE 4th St
Renton, WA 98056

$3,300,000 USD

Auto Repair For Sale  •  11,381 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 11,381 SF
  • Lot Size 0.85 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 5.59 %
  • Zoning CA, Renton
30 Transit Score
50 Walk Score

Highlights

NEW 14-YEAR CORPORATE LEASE Recently executed 14-year base lease with Classic Collision, providing long-term contractual income and tenant commitment.
INSTITUTIONALLY BACKED NATIONAL TENANT Classic Collision operates 330+ locations across more than 20 states and is supported by TPG, a global.
ANNUAL 2.5% RENTAL INCREASES Built-in 2.5% annual rent escalations provide consistent income growth and meaningful inflation-resistant protection.
Passive investment structure (NNN) with the tenant responsible for most property expenses
PASSIVE NET-LEASE INVESTMENT STRUCTURE The lease structure provides passive ownership with minimal landlord responsibilities.
PROVEN OPERATING LOCATION – 32 YEARS Collision repair operations have successfully operated at this location since 1992,.

Financial Summary (Actual)

Net Operating Income: $184,500 USD (2025)
Cap Rate: 5.59 %

Major Tenants

Tenant SF Occupied Lease End Date
Classic Collision 4/30/2040

Public Transportation

AirportDriveWalkDistance
Seattle-Tacoma International 16 min - 8.4 mi
Seattle Paine Field International 46 min - 33.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Brian Leibsohn 425-455-3131 Linc Properties
Brian Leibsohn 425-455-3131 Linc Properties