Les Schwab Ground Lease | Kalispell, MT
New 20-Year Abs NNN Ground Lease | Near Glacier National Park
Marketing description
New 20-year absolute NNN lease to Les Schwab, a regional U.S.-based tire retailer and automotive service center operator with over 500 locations.
!0% rental increases every five (5) years throughout initial term and six (6) option periods, ideal for ensuring consistent income growth.
Corporately guaranteed by LS Group Parent OpCo, LLC, strengthening investment security.
Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
In December 2024, Les Schwab acquired Four States Tire & Service, reinforcing its regional expansion strategy.
Les Schwab’s growth in 2025 is supported by a larger, growing U.S. automotive service market and aging vehicle fleet.
Investment highlights
Ideal Les Schwab Setting: High-visibility location along U.S. Route 93, greatly increasing accessibility to both locals and commuters (25,386 AADT).
Reliable Tenancy: Corporately guaranteed by LS Group Parent OpCo, LLC, strengthening investment security.
Robust Demographic Base: The five-mile radius serves a populous region of 43,157, with a robust average annual household income of $158,328 within a one-mile radius.
Surrounded by Major Montana Traffic Drivers: Kalispell is surrounded by natural attractions that generate substantial visitor traffic each year, including Glacier National Park, Kootenai National Forest, and Flathead Lake.
Zero Management Responsibilities: Absolute NNN ground lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot.
Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Les Schwab and Kalispell for steady concurrent growth.
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