Brand New 20-Year absolute NNN ground lease, providing a stable long term investment |
10% rental increases in primary term and option periods, securing this investment as a hedge against inflation |
Tenant has six (6) five (5) year option periods to extend their lease |
Les Schwab has seen steady growth over the years, increasing their locations by 50 sites in the past 10 years |
With over 500 locations across the Western United States and sales above $2B annually, Les Schwab Tire Centers have become a go-to destination |
This Les Schwab is an outparcel to Menards, increasing site visibility and cross traffic to the storefront |