- 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 - Fast-Growing, Developing Trade Area – Well located within the recently developed primary retail hub of Ridgefield, benefiting from a synergistic mix of surrounding retailers including Costco, Tractor Supply, Starbucks, Rosauers Supermarkets, Taco Bell, MOD Pizza, Anytime Fitness, AT&T, Subway and more - Targeted Location with Convenient Accessibility – Les Schwab is accessible from Pioneer St (±15,200 CPD) with immediate access to Interstate 5 (±88,000 CPD) allowing for convenient and consistent traffic to the site - High-Quality, Newer Construction Building – High-quality, purpose-built property constructed specifically for Les Schwab’s occupancy in 2024, limiting any deferred maintenance and the need for any near-term capital improvements