Camping World Holdings, Inc. 10-K

ITEM 2. PROPERTIES We typically lease the real properties where we have operations. Our real property leases generally provide for fixed monthly rentals with annual escalation clauses. The table below sets forth certain information concerning our offices and distribution centers as of December 31, 2025, and the lease expiration dates include all stated option periods. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Square Feet ​ ​ ​ Acres ​ ​ ​ Lease Expiration (1) ​ Owned Office Facilities: ​ ​ ​ ​ ​ ​ ​ ​ Lincolnshire, Illinois (Corporate headquarters and RV and Outdoor Retail headquarters) ​ 42,845 ​ ​ ​ ​ ​ X Englewood, Colorado (Good Sam Services and Plans operations, customer contact and service center and information system functions) ​ 59,704 ​ ​ ​ ​ ​ X Bowling Green, Kentucky (RV and Outdoor Retail administrative and information systems functions) ​ 33,947 ​ ​ ​ 2054 ​ ​ Oxnard, California (Good Sam Services and Plans publishing and administrative) ​ 4,908 ​ ​ ​ 2030 ​ ​ Lakeville, Minnesota (RV and Outdoor Retail administrative and information systems functions) ​ 11,961 ​ ​ ​ 2047 ​ ​ Chicago, Illinois (Administrative and information systems functions) ​ 15,976 ​ ​ ​ 2039 ​ ​ Mesa, Arizona (call center and administrative functions) ​ 6,690 ​ ​ ​ 2026 ​ ​ Manassas, VA (administrative functions) ​ 5,967 ​ ​ ​ 2032 ​ ​ Rochester, NY (administrative functions) ​ 4,000 ​ ​ ​ 2026 ​ ​ Retail Distribution Centers: ​ ​ ​ ​ ​ ​ ​ ​ Lebec, CA (RV and Outdoor Retail) ​ 389,160 ​ 32.9 ​ 2026 ​ ​ Lebanon, Indiana (RV and Outdoor Retail) ​ 707,952 ​ 32.3 ​ 2040 ​ ​ ​ (1) Assumes exercise of applicable lease renewal options. ​ As of December 31, 2025, most of the properties, including the above and most of our 196 store locations, were leased through 234 leases. Our retail locations are located in 44 states, generally ranging in size from approximately 10,000 to 80,000 square feet, and are typically situated on approximately 8 to 45 acres. The leases for our store locations typically have terms between 5 to 20 years, with multiple renewal terms of five years each. These leases are typically “triple net leases” that require us to pay real estate taxes, insurance and maintenance costs. ​