2475 N Nellis Blvd - Retail FOR SALE


Las Vegas, NV 89115- Sunrise Manor
$3,110,000 USD
562-230-5606
2475 N Nellis Blvd, Las Vegas, NV for Sale
$3,110,000 USD
Retail - FOR SALE
1/1
null | 6% Cap Rate

2475 N Nellis Blvd
Las Vegas, NV 89115
Sunrise Manor


HIGHLIGHTS

  • 15-year absolute net lease with 10% rental increases every 5 years – zero landlord expense or maintenance obligations
  • Lease is signed by tenant’s parent company, Auto Management, Inc., and features personal guaranties from both the company’s founders
  • Newly renovated auto care facility in dense residential trade area
  • Standalone visibility on N Nellis Boulevard – 30,000+ VPD
  • Just 2 miles from Nellis AFB – home to 60,000 residents comprised of base families & retirees and generating $4.4B in economic impact to the region

OVERVIEW

A brand-new 15-year absolute net corporate USA Auto lease featuring 10% rental increases every 5 years throughout the base term and options. The subject property is located just 2 miles from Nellis AFB – home to 60,000 residents comprised of base families & retirees and generating $4.4B in economic impact to the region.

FOR SALE DETAILS

PRICE

$3,110,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

USA Auto Service

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

IP

APN/PARCEL ID

140-17-810-008

ASK ABOUT THIS PROPERTY

Ryan SchultenCP Partners CREMore Info
562-230-5606

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Ryan SchultenCP Partners CREMore Info
562-230-5606

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