* Brand New, Long-Term NNN Lease – Les Schwab proposes a 20-year NNN lease with 6 additional 5-year renewal options, demonstrating the tenant’s strong commitment to this location while offering the most secure form of real estate investment
* Les Schwab Tires is one of the largest independent tire dealers in the US, with +500 locations across the Western US and +7,000 employees. Generating more than $2B in annual revenue
* Scheduled Rental Increases – The lease implements 10% rental increases every 5 years, an attractive investment attribute providing significant income growth and a strong hedge against inflation
* Close to Major Government Employer – Under 5 miles away from Travis Air Force Base and directly in line with the primary commute route for many of the ±26,000 assigned personnel
* Complimentary Trade Area – Well located within a primary retail hub of Fairfield, benefiting from a synergistic mix of surrounding retailers including Grocery Outlet, AutoZone, Food 4 Less, 7-Eleven, McDonald’s, Chevron, CVS, Starbucks and many more