130 S Stephanie St - Auto Repair FOR SALE


Henderson, NV 89012- McCullough Hills
$2,610,000 USD
702-215-7120
130 S Stephanie St, Henderson, NV for Sale
$2,610,000 USD
Auto Repair - FOR SALE
1/2
null | 5.35% Cap Rate

130 S Stephanie St
Henderson, NV 89012
McCullough Hills


HIGHLIGHTS

  • Long-Term Absolute NNN Leased Jiffy Lube
  • 21-Year Operating History | 15-Year Lease Extension in 2021
  • 10+ Years of Lease Remaining
  • Excellent Submarket with High AHHI and Ideal Demographics

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant net-leased Jiffy Lube investment located at 130 S Stephanie Street in Henderson, Nevada. The Tenant extended the lease for 15 years in 2021, underscoring its long-term commitment to the site and serving as a clear testament to the strength of the location. The property is leased to Jiffy Lube, an established, nationally recognized quick-lube brand with long-term demand drivers supported by recurring vehicle maintenance needs. Positioned along S Stephanie Street, the site benefits from strong visibility and convenient access within one of Henderson’s most active retail corridors, supported by dense residential rooftops and daily commuter traffic. The immediate trade area is surrounded by retail and rooftops providing a consistent draw to the trade area for services. The building’s drive-in service bay configuration provides functional utility for the tenant and supports long-term real estate relevance, while the surrounding infill nature of the corridor contributes to high barriers to entry and sustained demand for service-oriented retail.

FOR SALE DETAILS

PRICE

$2,610,000 USD

PRICE/SF

$741 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jiffy Lube

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

CC, Henderson

APN/PARCEL ID

178-22-112-007

ASK ABOUT THIS PROPERTY

Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

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Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.