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443 Rivers Edge Loop
Kalispell, MT 59901
Les Schwab · Retail Property For Sale

Investment Highlights

  • New 20-year absolute NNN lease to Les Schwab, a regional U.S.-based tire retailer and automotive service center operator with over 500 locations
  • Corporately guaranteed by LS Group Parent OpCo, LLC, strengthening investment security.
  • In December 2024, Les Schwab acquired Four States Tire & Service, reinforcing its regional expansion strategy.
  • 10% rental increases every five (5) years throughout initial term and six (6) option periods, ideal for ensuring consistent income growth
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
  • Les Schwab’s growth in 2025 is supported by a larger, growing U.S. automotive service market and aging vehicle fleet

Executive Summary

Positioned along U.S. Route 93 in Kalispell, this Les Schwab location benefits from exceptional visibility and accessibility along one of the region’s primary transportation corridors, which carries approximately 25,386 vehicles per day. The prominent placement allows the property to capture both local traffic and commuters traveling through the area, reinforcing the long term stability of the location.
The investment is further supported by reliable tenancy, as the lease is corporately guaranteed by LS Group Parent OpCo, LLC, providing additional security and credit strength. Structured as an absolute NNN ground lease, the tenant is responsible for all operating expenses, including maintenance of the roof, structure, and parking areas, resulting in a passive ownership structure with no management responsibilities.
The surrounding area offers a strong demographic profile. Within a five mile radius, the property serves a population of more than 43,000 residents, while the one mile radius reflects an average household income of approximately $158,328. This affluent and established consumer base supports long term retail demand and reinforces the strength of the site.
Kalispell also benefits from its proximity to some of Montana’s most significant tourism drivers. The city serves as a gateway to Glacier National Park and sits near major recreational destinations such as Flathead Lake and Kootenai National Forest, all of which draw substantial visitor traffic throughout the year and contribute to the local economic ecosystem.
Looking ahead, the market continues to demonstrate positive growth trends. Projected increases in both population and household income across the one, three, and five mile trade areas position the property to benefit from steady regional expansion, supporting long term demand for essential automotive services at this Les Schwab location.

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
12,476 SF
Building Class
B
Year Built
2025
Price
$3,883,585 CAD
Price Per SF
$311.28 CAD
Cap Rate
5%
NOI
$194,136 CAD
Tenancy
Single
Building Height
1 Story
Parking
49 Spaces (3.93 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
07-4077-25-1-03-27-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$437,790 CAD
  • Listing ID: 39673429

  • Date on Market: 2026-03-05

  • Last Updated:

  • Address: 443 Rivers Edge Loop, Kalispell, MT 59901

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