220 Roger Ln - Auto Repair FOR SALE


Miles City, MT 59301
$1,543,000 USD
415-413-3005
220 Roger Ln, Miles City, MT for Sale
$1,543,000 USD
Auto Repair - FOR SALE
1/6
null | 4.75% Cap Rate

220 Roger Ln
Miles City, MT 59301


HIGHLIGHTS

  • The property is secured by a 20-year absolute NNN ground lease, offering investors stable and predictable income with no landlord responsibilities
  • Leased to SFP-E, LLC, with a corporate guarantee from LS Group Parent OpCo, LLC, providing enhanced financial security and reliability
  • Les Schwab is a renowned name in the tire and automotive service industry, known for its strong market presence and customer loyalty
  • With over 500 locations across the Western United States and sales above $2B annually

OVERVIEW

The property is adjacent to high-traffic tenants such as Walmart Supercenter and Albertsons, generating significant crossover shopping opportunities. Ideally situated near Interstate 94 and U.S. Highway 59, the site captures significant long-haul and commuter traffic. The property is well-positioned to benefit from the economic growth in Miles City, with increasing household incomes and a stable population base. The property features a well-designed layout with a 10,342 SF building, ample parking, and easy ingress and egress for customer convenience. The modern construction and strategic location make this an ideal site for long term occupancy by Les Schwab, reducing turnover risk for investors. Built to Les Schwab’s latest specifications, the facility meets high standards for durability and operational efficiency. An average household income of $84,570 within a one-mile radius supports strong demand for automotive services in the area. The property is located near essential services, including Holy Rosary Healthcare, Custer County High School, and Miles Community College, providing a stable local customer base.

FOR SALE DETAILS

PRICE

$1,543,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LES SCHWAB

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

2.39 AC

LAND SF

104,108 SF

ZONING

-

APN/PARCEL ID

14-1740-35-2-01-03-0000

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.