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Net-Leased Collision Repair Property
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3205 NE 4th St, Renton, WA 98056

Single-tenant net-leased property operated by Classic Collision under a newly executed 14-year corporate lease.

Days on Market128

Property Features for 3205 NE 4th St

General Information

Standard status Active
Property subtype RETAIL

Site & Location

Traffic Count 31,000 vehicles/day
Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Linc Properties
Listed By: Brian Leibsohn · License #18848
Source: Moodyscre
Added: Mar 26 Changed: Jul 28 Last Checked: Jul 28 at 4:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Linc Properties

Investment Insights

Based on property information with market context.

This offering presents a passive, single-tenant net-leased investment property currently operated by Classic Collision. The property is secured by a newly executed 14-year base lease with annual 2.5% rent increases, along with a passive operating expense structure.

Classic Collision acquired the long-established Renton Collision center, which has been in continuous operation at this location since 1992. The remarks also note the site’s convenient access to Interstate 405 and strong visibility to more than 31,000 vehicles per day.

Classic Collision is described as one of the largest collision repair companies in the United States, operating 330+ locations across more than 20 states, and supported by institutional ownership through TPG. The combination of a new long-term corporate lease and an established operating history is positioned to support stable, long-duration income for long-term portfolio ownership.

Key Highlights

  • Newly executed 14‑year base corporate lease with Classic Collision for long‑term, single‑tenant net‑leased income.
  • Built‑in 2.5% annual rental increases over the lease term.
  • Classic Collision has operated the site following its acquisition of the Renton Collision center with continuous operations since 1992 (over 32 years).

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98056, WA

36,344
Population
15,609
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
88%
High-School Grad
7.6 sq mi
ZIP Area
4,782
Density / Sq Mi
$108,596
Median Household Income
$59,170
Median Earnings
$1,992
Median Rent
$726,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Renton Collision Center — 3205 NE 4th St, Renton, WA 98056
  • Bucky's Renton — 3801 se 4th st, renton, wa 98056
  • SoCal Power Equipment — 2307 NE 4th St, Renton, WA 98056
  • AutoPro — 3560 NE 4th St, Renton, WA 98056
  • Les Schwab Tire Center — 354 Union Ave NE, Renton, WA 98059

Frequently Asked Questions

What type of property is this?
Auto shop - Single-tenant net-leased property operated by Classic Collision under a newly executed 14-year corporate lease.
Where is this auto shop located?
The property is located at 3205 NE 4th St Renton, WA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Newly executed 14‑year base corporate lease with Classic Collision for long‑term, single‑tenant net‑leased income.; Built‑in 2.5% annual rental increases over the lease term.; Classic Collision has operated the site following its acquisition of the Renton Collision center with continuous operations since 1992 (over 32 years).
(425) 455-3131 Call to check price and availability
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