Les Schwab - Colorado Springs, CO

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in Les Schwab located at 3281 Centennial Blvd in Colorado Springs, Colorado. The building will be leased-back on a 20-year lease secured by Les Schwab corporate upon sale.

Les Schwab is the 4th largest independent tire dealer in the country and has a nationwide presence with 500+ locations, providing a strong credit base to the investment. The 9,534 SF building sits on 1.36 acres and is strategically situated on a signalized intersection shared from King Sooper's (Kroger), a grocer which drives 1.3+ million visits annually. The site also benefits from its proximity to I-25, which carries 150,000 VPD in the area.

In the commercial corridor, there has been several new retail and residential developments. Within a one-mile radius, there has been over 1,000 multifamily units delivered in the last two years. Within that same radius, the population growth rate in the last 5 years was 6.1x the national average, and the greater Colorado Springs metro has seen immense growth post-COVID.

Please see OM for more information.