4670 E Tropicana Ave - Auto Repair FOR SALE


Las Vegas, NV 89121- Paradise Valley East
$4,400,000 USD
818-632-9542
4670 E Tropicana Ave, Las Vegas, NV for Sale
$4,400,000 USD
Auto Repair - FOR SALE
1/2
null | 3% Cap Rate

4670 E Tropicana Ave
Las Vegas, NV 89121
Paradise Valley East


HIGHLIGHTS

  • Strategic Location with High Visibility Positioned along E. Tropicana Ave., benefiting from daily traffic counts of approximately 56,000 VPD
  • Strong Market Fundamentals Situated in a densely populated trade area with over 430,000 residents and an average household income exceeding $79,000
  • Attractive Owner-User or Investment Opportunity ±11,110 SF of available space, ideal for an owner-user or retenanting opportunity

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a Pep Boys Value-Add Opportunity located at 4670 E Tropicana Ave, Las Vegas, NV 89121. The site consists of roughly 20,944 rentable square feet of building space on an estimated 2.13-acre parcel of land. The Pep Boys is subject to a 10-year Double Net lease, which commenced 8/1/2023. The current annual rent is $131,950 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pep Boys Value-Add Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

CG

APN/PARCEL ID

161-20-801-003,161-20-801-004

ASK ABOUT THIS PROPERTY

Armond AivazyanBang RealtyMore Info
818-632-9542

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Armond AivazyanBang RealtyMore Info
818-632-9542

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