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Les Schwab Tires
5375 St Croix Trail, North Branch, MN 55056
Listing Price: $1,925,000
Cap Rate
5.00%
Tenant Name
Les Schwab
Years Remaining On Lease
19.2
Gross SF
10,638
Guarantor
Corporate Guarantee
Rentable SF
10,638
Price/Gross SF
$180.96
Lease Type
NNN Ground Lease
Rent Per Square Feet
$9.05
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Les Schwab Tires in North Branch, MN
Les Schwab Tires
Investment Highlights
- 2025 CORPORATE BUILD-TO-SUIT NEW CONSTRUCTION
- LOW PRICE POINT ABSOLUTE NNN GROUND LEASE
- MARKET-LEADING NATIONAL CORPORATE GUARANTEE WITH 550+ LOCATIONS
- PRIME I-35 CORRIDOR CONNECTING MINNEAPOLIS AND DULUTH WITH ADDITIONAL EXPOSURE ALONG I-95
- LOCATED WITHIN THE MINNEAPOLIS–ST PAUL MSA
Exclusively Listed By
Broker of Record
Listing Price: $1,925,000
Cap Rate
5.00%
Tenant Name
Les Schwab
Years Remaining On Lease
19.2
Gross SF
10,638
Guarantor
Corporate Guarantee
Rentable SF
10,638
Price/Gross SF
$180.96
Lease Type
NNN Ground Lease
Rent Per Square Feet
$9.05
Investment Highlights
- 2025 CORPORATE BUILD-TO-SUIT NEW CONSTRUCTION
- LOW PRICE POINT ABSOLUTE NNN GROUND LEASE
- MARKET-LEADING NATIONAL CORPORATE GUARANTEE WITH 550+ LOCATIONS
- PRIME I-35 CORRIDOR CONNECTING MINNEAPOLIS AND DULUTH WITH ADDITIONAL EXPOSURE ALONG I-95
- LOCATED WITHIN THE MINNEAPOLIS–ST PAUL MSA
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Les Schwab Tires in North Branch, MN
Exclusively Listed By
Broker of Record
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