Les Schwab NNN Lease
3325 Aerie Dr, Casper, WY 82604
20-year NNN lease with rental increases and corporate guarantee.
Type:Retail
Property size:
10,599 SFPrice / SF:
$255/SF- Added:
- Jan 27, 2026
- Days on Market:
- 106
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 3325 Aerie Dr
General Information
- Standard status
- Active
- Size
- 10,599 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing agent McKenney Houck License #17168
Listing office Cushman & Wakefield - Sacramento, California
Listing date Jan 27, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Sacramento, California
HighLights
- Absolute NNN lease to Les Schwab for a fully passive investment.
- Corporately guaranteed by LS Group Parent OpCo, LLC, enhancing investment security.
- 10% rental increases every five (5) years throughout the initial term and six (6) option periods.
- New 20‑year lease, offering long‑term stability.
- Les Schwab is a regional U.S.-based tire retailer and automotive service center operator with over 500 locations.
- Built in 2025, indicating a new and modern facility.
Overview
This property features a new 20-year absolute NNN lease with Les Schwab, a U.S.-based tire retailer and automotive service center operator with over 500 locations. The lease includes 10% rental increases every five years throughout the initial term and six option periods. The lease is corporately guaranteed by LS Group Parent OpCo, LLC. As a fully passive investment, the tenant covers all taxes, insurance, and maintenance, including the roof, structure, and parking lot. In December 2024, Les Schwab acquired Four States Tire & Service, reinforcing its regional expansion strategy. Les Schwab’s growth in 2025 is supported by a larger, growing U.S. automotive service market and aging vehicle fleet. The property is suitable for commercial real estate investment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- Greiner Ford of Casper Collision — 3333 CY Ave, Casper, WY 82604
- 307 Collision Center, Inc — 2301 Central Driveway, Casper, WY 82604
- Straight Lines — 2301 Central Driveway, Casper, WY 82604
- Fremont Honda of Casper Service Center — 3801 CY Ave, Casper, WY 82604
- Walmart Auto Care Centers — 4255 CY Ave, Casper, WY 82604
Location Insight
- Map
- Local Demand
- City
- Casper
- County
- Natrona
- State
- Wyoming
- Longitude
- -106.914
- Latitude
- 42.8993
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - 20-year NNN lease with rental increases and corporate guarantee.
Where is this auto shop located?
The property is located at 3325 Aerie Dr Casper, WY.
What is the asking price?
The asking price for this property is $2,708,000.
What are key features of this property?
This property features: Absolute NNN lease to Les Schwab for a fully passive investment.; Corporately guaranteed by LS Group Parent OpCo, LLC, enhancing investment security.; 10% rental increases every five (5) years throughout the initial term and six (6) option periods.
