$2,899,990 USD
725-300-3734
4845 S Pecos Rd
Las Vegas, NV 89121
Paradise Valley East
HIGHLIGHTS
- Auto-Repair facility with frontage on South Pecos Road.
- The property features a dedicated turn lane, and is in close proximity to a nearby shopping center.
- 100% of Building leased at $15,280 per month NNN
- Equipped with 8 service bays.
- Cellular Phone tower paying an additional $2,232.35 per month.
- 2 - 20 year Long Term Tenants
OVERVIEW
100% Leased NNN Auto Service Investment – 7.25% In-Place CAP (based on stated rent).
4845 S. Pecos Rd is a ~9,000 SF multi-tenant auto service property on ~1.13 acres, featuring two ~4,500 SF suites plus Verizon cell tower income.
Rent-A-Wheel (national tenant) in place since 2005 | Lease thru 12/31/2030
Potenza Automotive | Lease thru 12/31/2030 | 2% annual increases
Both leases NNN (tenants pay CAMs)
Verizon cell tower lease: $2,232.35/mo w/ 3% annual increases | Expires 7/31/2029 | Renewal discussions underway
Total In-Place Rent: $17,512.35/mo | $210,148.20/yr
Asking Price: $2,899,990
FOR SALE DETAILS
PRICE
$2,899,990 USD
PRICE/SF
$322 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Warehouse, Service, Light Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
31
LAND DETAILS
LAND ACRES
1.13 AC
LAND SF
49,223 SF
ZONING
C-2, County
APN/PARCEL ID
162-24-802-010
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725-300-3734
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725-300-3734
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