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Effingham, SC - Crash Champions
4500 S. Irby Street | Effingham, SC 29541
Description
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, corporate guaranteed Crash Champions investment property located in Effingham, South Carolina (Florence MSA). The tenant, Crash Champions, LLC, has approximately 14-years on its lease with 3 (5-year) options to extend. The lease features 2.5% annual rental increases throughout the initial term and each option period, growing NOI and hedging against inflation. The lease is NNN with the landlord being responsible for the foundation, making it an ideal, low-management investment opportunity for a passive investor.
The property is also set for future renovations as part of the rebranding process to align with Crash Champions’ corporate prototype, which includes new paint, signage, and other updates. This location has a long operating history, serving as a collision shop since the early 2000s. Crash Champions serves customers at 650+ locations across 37 states and has rapidly grown into the third largest multi-shop operator (MSO) in the U.S.
Location
The asset is strategically located at a hard corner with excellent access and visibility from S. Irby Street (22,060 VPD) and Poor Farm Road. Crash Champions receives significant consumer traffic from its position on the thoroughfare, connecting the site directly to downtown Florence. Florence is 10th most populous city in South Carolina with 199K+ residents in its MSA, offering strong local demand and potential for future growth. The immediate 5-mile trade area is comprised of more than 34,300 residents and 11,400 employees with an average household income of $85,662.