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910 Piemonte Dr, East Dundee, IL, 60118

Crash Champions

$2,846,000

Key Information

Cap Rate
6.15%
$ per SF
$174
Tot. SF
16,330
Lot Size
1.33 Acres
Year Built
1995
Term Remaining
± 11.5 Years
Type
Retail
Occupancy
100%
NOI
$175,028

Highlights

• Long-Term Corporate Lease – Leased to Crash Champions, one of the nation’s largest and fastest-growing collision repair operators, with approximately 11.5 years of lease term remaining.
• Rare Absolute NNN Lease Structure – Tenant is responsible for all operating expenses, including roof, structure, HVAC, parking lot/CAM, real estate taxes, and insurance, providing a truly passive investment.
• Established Occupancy Since 2008 – Crash Champions (formerly operating under predecessor ownership) has successfully occupied this location since 2008, demonstrating a long-standing commitment to the site and local market.
• Proven Long-Term Commitment – Tenant showed its confidence in the location by executing a 15-year lease extension, reinforcing the property’s strategic importance within its operating footprint.
• Attractive Below-Market Rent – Current rent of approximately $10.72/SF is well below replacement cost economics for comparable industrial/flex assets, supporting long-term occupancy and future rental upside.
• Annual Rent Growth – Lease features 2.0% annual rent increases, providing consistent NOI growth throughout the primary lease term.
• Favorable Renewal Structure – Three, additional 5-year renewal options, with the first option period resetting to Fair Market Value, subject to a minimum 2% increase and maximum 7% increase, creating meaningful upside while protecting ownership.
• Institutional Credit Tenant – Crash Champions operates one of the largest collision repair platforms in the United States, with a significant national footprint backed by experienced institutional ownership.
• Well-Located Collision Facility – ±16,330 SF collision repair facility situated on approximately 1.33 acres, designed specifically for high-volume automotive repair operations.
• Recent Capital Improvements – Tenant has invested significant capital into the property, including the installation of a new roof and new HVAC systems within the past five years, reducing near-term capital expenditure risk.

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661