103 34th Ave W - Auto Repair FOR SALE


Havre, MT 59501
$1,371,000 USD
415-413-3005
103 34th Ave W, Havre, MT for Sale
$1,371,000 USD
Auto Repair - FOR SALE
1/7
null | 4.85% Cap Rate

103 34th Ave W
Havre, MT 59501


HIGHLIGHTS

  • Absolute NNN lease structure with no landlord responsibilities, providing stable, hassle-free income
  • Tenant invested significant capital into the construction on the property, providing substantial intrinsic value
  • 20-year initial lease term with multiple 5-year extension options ensures long-term tenant commitment
  • 10% rental escalations every five years enhance investor returns over time
  • Lease is corporate guaranteed by LS Group Parent OpCo, LLC, strengthening investment security

OVERVIEW

Positioned on U.S. Highway 2, one of Havre’s main commercial corridors, ensuring sustained traffic and customer visibility. Tenant covers all property-related expenses, including taxes, insurance, and maintenance. Les Schwab is a dominant player in the Western U.S. tire and auto service industry with a strong operational track record. Nearby retail centers and high-traffic volumes (9,717 AADT on U.S. Hwy 2) support strong business viability. Havre serves as a regional economic hub with a stable consumer base driven by agriculture, education, and healthcare industries. Households within 5 miles have an average income of $77,199, with strong projected growth over the next five years.

FOR SALE DETAILS

PRICE

$1,371,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Les Schwab Tire Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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Ryan ForsythCushman & WakefieldMore Info
415-413-3005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.