The Isaac Group is pleased to present a brand-new Les Schwab Tire Center in Devils Lake, ND, backed by a 20-year absolute NNN corporate lease with 10% rent increases every five years. Located on U.S. Route 2 next to the area’s only Walmart Supercenter, the property benefits from high visibility, strong regional traffic, and durable, passive income from one of the nation’s leading tire retailers. ADJACENT TO WALMART – DEVILS LAKE’S PRIMARY RETAIL ANCHOR Located directly next to the only Walmart Supercenter within a 15-mile radius, this site benefits from significant daily traffic, with Walmart drawing over 1.5 million visits annually. Positioned within Devils Lake’s dominant retail corridor, the property captures demand from both the local population and surrounding rural trade areas. NEW 20-YEAR ABSOLUTE NNN GROUND LEASE WITH CORPORATE GUARANTY The lease commenced in February 2024 and is backed by the corporate entity. It features a full 20-year absolute NNN ground lease with zero landlord responsibilities. The agreement includes 10% rent escalations every five years and six (6) five-year renewal options, offering long-term income growth and passive, inflation-protected cash flow. HIGHWAY FRONTAGE WITH MODERN CONSTRUCTION ON U.S. ROUTE 2 Strategically located along U.S. Route 2—Devils Lake’s primary commercial corridor—the property enjoys excellent visibility and direct access. Constructed in 2024, the site spans 2.22 acres and incorporates Les Schwab’s most current design and operational standards, minimizing long-term capital expenditure risk. DEVILS LAKE – NORTHEASTERN NORTH DAKOTA’S RETAIL & SERVICE HUB Serving as the regional commercial hub, Devils Lake supports a healthy retail and service economy. Anchored by Lake Region State College, a regional airport, and key medical facilities, the city also benefits from steady tourism and recreation traffic, creating durable year-round economic activity.