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SE Montreal St
Hutchinson, MN 55350

$2,738,000 USD

Auto Repair For Sale  •  10,638 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 10,638 SF
  • Lot Size 1.98 AC
  • Building Class B
  • Year Built 2024
  • Tenancy Single
0 Transit Score
32 Walk Score

Highlights

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

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 31
Type: Surface
Included in Rent: Yes
Ryan Forsyth 415-413-3005 Cushman & Wakefield
Ryan Forsyth 415-413-3005 Cushman & Wakefield