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15026 Cimarron Ave
Rosemount, MN 55068
Les Schwab · Retail Property For Sale
Investment Highlights
- 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.
- Corporately guaranteed by LS Group Parent OpCo, LLC, strengthening investment security.
- In December 2024, Les Schwab acquired Four States Tire & Service, reinforcing its regional expansion strategy.
- 10% rental increases every five (5) years throughout initial term and six (6) option periods, ideal for ensuring consistent income growth.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- Les Schwab’s growth in 2025 is supported by a larger, growing U.S. automotive service market and aging vehicle fleet.
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,344 SF
Building Class
B
Year Built/Renovated
2000/2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.42 AC
Parking
46 Spaces (7.25 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 34-47501-01-010 | Improvements Assessment | $551,600 |
| Land Assessment | $877,400 | Total Assessment | $1,429,000 |
Property Taxes
Parcel Number
34-47501-01-010
Land Assessment
$877,400
Improvements Assessment
$551,600
Total Assessment
$1,429,000
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