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3325 Aerie Dr
Casper, WY 82604
Les Schwab Ground Lease · 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
Building Size
10,599 SF
Building Class
C
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.50 AC
Parking
46 Spaces (4.34 Spaces per 1,000 SF Leased)
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