3205 NE 4th St, Renton, WA 98056
Single-tenant net-leased property operated by Classic Collision under a newly executed 14-year corporate lease.
Property Features for 3205 NE 4th St
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
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
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 98056, WA
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
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- Renton Collision Center — 3205 NE 4th St, Renton, WA 98056
- AutoPro — 3560 NE 4th St, Renton, WA 98056