2929 Strawn Ln - Auto Repair FOR SALE


Fort Worth, TX 76135- Downtown Lake Worth
$5,567,424 USD
602-687-6697
2929 Strawn Ln, Fort Worth, TX for Sale
$5,567,424 USD
Auto Repair - FOR SALE
1/3
null | 6.25% Cap Rate

2929 Strawn Ln
Fort Worth, TX 76135
Downtown Lake Worth


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease with 13+ Years Remaining
  • 10 Percent Rental Increases Every Five Years
  • 166,819 Residents within a Five-Mile Radius in Growing Fort Worth Trade Area
  • Households and Population Projected to Increase More Than 7 Percent in the Surrounding Area by 2028
  • Crash Champions Acquired Service King in 2022 and Now Operates Over 650 Repair Shops in 38 States and Washington, D.C.

OVERVIEW

Founded in 1999 in New Lenox, Illinois, Crash Champions is an industry leader in its commitment to manufacturer-certified repairs and industry leading performance. It is one of the nation's fastest-growing high-quality collision repair service providers and the largest founder-led multi-shop operator in the industry. Fort Worth is the fifth-largest city in Texas and the 13th-largest city in the United States. The county seat of Tarrant County, Fort Worth spans 350 square miles and is home to an estimated population of 990,000 residents.

FOR SALE DETAILS

PRICE

$5,567,424 USD

PRICE/SF

$247 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crash Champions

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

-

APN/PARCEL ID

42330449

ASK ABOUT THIS PROPERTY

Alex FrankelMarcus & MillichapMore Info
602-687-6697

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Alex FrankelMarcus & MillichapMore Info
602-687-6697

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.