425 E Windmill Ln - Service Station FOR SALE


Las Vegas, NV 89123- Silverado Ranch
$3,175,200 USD
702-836-3785
425 E Windmill Ln, Las Vegas, NV for Sale
$3,175,200 USD
Service Station - FOR SALE
1/4
null | 5% Cap Rate

425 E Windmill Ln
Las Vegas, NV 89123
Silverado Ranch


HIGHLIGHTS

  • 7-Eleven has been a tenant at this property since 1994 | 7-Eleven - Over 13,000 stores in the United States and Canada
  • New Seven (7) Year Lease RENEWAL | Two (2) Five (5) Year Options | Ten Percent (10%) Increases Every Five (5) Years | Triple Net (NNN) Lease
  • Minimal Landlord Responsibilities - SEE BELOW
  • “Lessor agrees to maintain the structural soundness of the building unless the maintenance is required because of Lessee's negligence or willful act.”
  • Tenant Pays Common Area Maintenance (CAM), Real Estate Taxes, and Insurance | Tenant Maintains Property | Management Free Investment
  • Fee Simple Ownership | Nevada Tax Free State | Land & Building | Single Tenant Leased Investment

OVERVIEW

The Subject Property is located at 425 E. Windmill Lane, Las Vegas, Nevada 89123. Located in Clark County, and is zoned Commercial General (CG). Located at the southeast corner of Windmill Lane and Bermuda Road, the property is less than one mile east of Las Vegas Boulevard, “The Strip”.  The 7-Eleven is located on the hard corner of the Las Palmas Village Shopping Center. Las Palmas Village is anchored by Von’s, Brad’s Toys & Collectibles, and Taco Bell.  Co-Tenants include Pizza Hut, Wells Fargo, H&R Block, The UPS Store, and China A Go Go, to name a few. There are approximately 11,946 residents within a 1-mile radius; 52,865 residents within a 2-mile radius; and 111,932 residents within a 3-mile radius.  The average household income is approximately $120,024 within a 1-mile radius; $106,357 within a 2-mile radius; and $107,408 within a 3-mile radius.

FOR SALE DETAILS

PRICE

$3,175,200 USD

PRICE/SF

$1,058 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

C-2

APN/PARCEL ID

177-15-110-001

ASK ABOUT THIS PROPERTY

David GrantColliersMore Info
702-836-3785

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David GrantColliersMore Info
702-836-3785

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