Auto Service - Gas-Conv
Les Schwab
1312 US-2, Devils Lake, ND 58301
Listing Price: $2,580,000
Cap Rate
5.00%
Tenant Name
Les Schwab
Years Remaining On Lease
19.2
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$258.00
Lease Type
NNN Ground Lease
Rent Per Square Feet
$12.90
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Les Schwab Tires in Devils Lake, ND.
Listing Price: $2,580,000
Cap Rate
5.00%
Tenant Name
Les Schwab
Years Remaining On Lease
19.2
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$258.00
Lease Type
NNN Ground Lease
Rent Per Square Feet
$12.90
Investment Highlights
- Brand New 20-Year Absolute NNN Ground Lease
- Adjacent to Walmart Supercenter (1.5 Million Visitors Annually)
- Growing National Tenant - Les Schwab
- Easy Ingress and Egress from U.S. Route 2
- Nestled in the Heart of Devils Lake
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Les Schwab Tires in Devils Lake, ND.
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