6.75% CAP | NNN Leased Auto Service Investment | 4% Annual Increases | Henderson, NV Nevada Commercial Advisors is pleased to present 1765 Athol Avenue, a single-tenant NNN investment in Henderson's Pittman industrial corridor. The property is 100% occupied under a five-year lease, with two five-year renewal options, producing $54,000 in annual net operating income — a 6.75% going-in cap rate. Ownership is passive. The tenant is responsible for taxes, insurance, and maintenance under a triple-net structure. The tenant operates an automotive dent repair business — a light-impact, equipment-modest use that generates minimal wear on the improvements and none of the heavy operational demands associated with full-service mechanical or collision tenancy. The ±0.34 acre fully fenced and secured site is improved with a ±1,344 SF freestanding building including ±300 SF of office. The rent is supported by secured outdoor yard as much as by the structure, placing the asset in the industrial outdoor storage category — the most supply-constrained product type in the Las Vegas Valley and the segment drawing the most institutional capital nationally. Improvements were renovated in 2021 and include 17' clear height, two 10' x 12' grade-level doors, and 200-amp three-phase power — specifications supporting lifts, equipment-intensive operations, and stacked storage without landlord capital contribution. The property sits in Henderson's established industrial core with immediate access to Boulder Highway and US-95 via West Sunset Road, adjacent to the Cadence master-planned community — among the fastest-absorbing residential developments in Southern Nevada. Rooftop growth in the immediate trade area supports automotive service demand while placing sustained upward pressure on infill industrial land values. Investment Highlights: 6.75% going-in cap rate — $54,000 NOI 4% annual increases through the base term AND both option periods — 7.90% by year 5, 9.61% by year 10, 11.69% at expiration New 5-year NNN lease commencing 9/1/2026, expiring 8/31/2031, with two (2) five-year options Passive ownership — tenant responsible for taxes, insurance, and maintenance IG zoning ±0.34 AC fully fenced secured lot ±1,344 SF freestanding building with ±300 SF office; renovated 2021 17' clear height, two 10' x 12' grade-level doors, 200-amp three-phase power ±$54/SF land basis adjacent to the Cadence master plan Immediate access to Boulder Highway and US-95 via W. Sunset Road Well suited for 1031 exchange, passive, and self-directed IRA buyers