5576 Boulder Hwy - Convenience Store FOR SALE


Las Vegas, NV 89122- Whitney
$3,840,000 USD
702-836-3785
5576 Boulder Hwy, Las Vegas, NV for Sale
$3,840,000 USD
Convenience Store - FOR SALE
1/3
null | 5% Cap Rate

5576 Boulder Hwy
Las Vegas, NV 89122
Whitney


HIGHLIGHTS

  • 7-Eleven has been a tenant at this property since 1998 | 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 - “Landlord agrees to maintain the foundation and structural soundness of the premises.”
  • 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 5576 Boulder Highway, Las Vegas, Nevada 89122. Located in Clark County, and is zoned General Highway Frontage District (H-2). Located at the northwest corner of Tropicana Avenue and Boulder Highway, the property is less than one mile south of Sam’s Town Hotel & Gambling Hall.  The 7-Eleven is located on the hard corner of the Boulder Crossing Shopping Center. Boulder Crossing is anchored by Albertson’s and Planet Fitness.  Co-Tenants include Starbucks, Burger King, Del Taco, Wing Stop, Panda, Dominos, The UPS Store, Cricket Wireless, and H&R Block, to name a few. There are approximately 27,226 residents within a 1-mile radius; 86,497 residents within a 2-mile radius; and 153,973 residents within a 3-mile radius.  The average household income is approximately $64,606 within a 1-mile radius; $76,886 within a 2-mile radius; and $78,130 within a 3-mile radius.

FOR SALE DETAILS

PRICE

$3,840,000 USD

PRICE/SF

$2,182 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

H-2

APN/PARCEL ID

161-21-801-006

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.