Les Schwab – 750 Paul Bunyan Dr NW

Les Schwab at 750 Paul Bunyan Dr NW in Bemidji, Minnesota is offered for sale at $3,448,000. The ground-lease offering reports a 9,819-square-foot tenant-built prototype on 2.04 acres, with 2026 construction and opening projected for December 2026. Opening and completion are not represented as verified.

The source describes a 20-year absolute net corporate ground lease with 10% rent increases every five years and a full-term corporate guaranty. The site has access from three roads along the Paul Bunyan retail corridor near Bemidji State University. Buyers should verify ground-lease scope, commencement, completion, guaranty and financial terms.

Listed by John Andreini of CP Partners.