Auto Service - Gas-Conv
Les Schwab Tire Center
1624 Market Pl Dr, Great Falls, MT 59404
Listing Price: $3,160,000
Cap Rate
5.00%
Tenant Name
Les Schwab
Years Remaining On Lease
20.3
Gross SF
10,482
Guarantor
Corporate Guarantee
Rentable SF
10,482
Price/Gross SF
$301.47
Lease Type
NNN Ground Lease
Rent Per Square Feet
$15.07
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Les Schwab Tire Center located in Great Falls, Montana.
Les Schwab Tire Center
Investment Highlights
- Brand New 20-Year Absolute Triple-Net Ground Lease with Six, Five Year Options and 10 Percent Rent Increases Every Five Years
- Corporately Guaranteed Lease - Les Schwab Tire Centers - 516 Units
- Adjacent to Great Falls Marketplace Shopping Center - 2.8 Million Visitors, Great Falls' Most Visited Shopping Center
- Affluent Demographics - $124,849 Average Household Income in a One-Mile Radius
- Located Three Miles from Great Falls International Airport - Approximately 175,000 Passengers Per Year
Listing Price: $3,160,000
Cap Rate
5.00%
Tenant Name
Les Schwab
Years Remaining On Lease
20.3
Gross SF
10,482
Guarantor
Corporate Guarantee
Rentable SF
10,482
Price/Gross SF
$301.47
Lease Type
NNN Ground Lease
Rent Per Square Feet
$15.07
Investment Highlights
- Brand New 20-Year Absolute Triple-Net Ground Lease with Six, Five Year Options and 10 Percent Rent Increases Every Five Years
- Corporately Guaranteed Lease - Les Schwab Tire Centers - 516 Units
- Adjacent to Great Falls Marketplace Shopping Center - 2.8 Million Visitors, Great Falls' Most Visited Shopping Center
- Affluent Demographics - $124,849 Average Household Income in a One-Mile Radius
- Located Three Miles from Great Falls International Airport - Approximately 175,000 Passengers Per Year
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Les Schwab Tire Center located in Great Falls, Montana.
