Fix Auto (Puget Collision) | Poulsbo, WA
Sands Investment Group is Pleased to Exclusively Offer For Sale the Single Tenant Fix Auto NNN Asset Located in Poulsbo, WA (Seattle MSA). This is a Rare Opportunity to Acquire a Longterm Hands Free NNN Industrial Assets With 3% Annual Increases Located Just Outside of Seattle, WA.
- Growing Operator & Corporate Guarantee: With 52 Locations (and Growing) and an Estimated Annual Revenue of $160M+; Puget Collision Has Emerged as One of the Fastest Growing Collision Operators in the Nation; In 2024, Puget Collision Saw Their Number of Locations Increase to 52 a 50% Increase From 2023, in Which They Had 34
- Strong Increases: This Lease Has Fixed Annual Increases of 3% Through the Base Term of the Lease and a “Fair Market Value” Rent Adjustment at Each Option
- Long-Term NNN Lease: With Over 8 Years of Lease Term Remaining, This Opportunity Provides a Hands-Free Long-Term Investment For Investors
- Intrinsic Value: Situated on 2.06 AC of Industrial Zoned Land, the City of Poulsbo Has Tight Zoning Restrictions on Industrial Use; Within the City, Only 56 AC Are Zoned For “Light Industrial” Use, Creating Strong Intrinsic Value For This Property’s Location and Use
- Accessible Location: This Property Sits Directly Off of State Highway 3 Which Sees 24,465 Vehicles Per Day and is Only .27 Miles From the State Highway 305 Interchange; Additionally, This Property’s Frontage is Situated on Viking Avenue Which Sees 14,917 Vehicles Per Day
BoR: Marianne Christian – Lic. WA #12244
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