8215 W Flamingo Rd - Freestanding FOR SALE


Las Vegas, NV 89147- Spring Valley
$3,678,000 USD
949-903-3399
8215 W Flamingo Rd, Las Vegas, NV for Sale
$3,678,000 USD
Freestanding - FOR SALE
1/7
null | 6.1% Cap Rate

8215 W Flamingo Rd
Las Vegas, NV 89147
Spring Valley


HIGHLIGHTS

  • Proven Long Term NNN Corp. Lease by Green Valley Grocery/ Gas Station - Open Since 2000
  • Prominent Signalized Hard Corner - Dense Residential Corridor - Near Spring Valley High School
  • Dominant Gas/C Store Brand in Vegas - Strong Corp Guaranteed - 87+ Locations in S. Nevada
  • 10% Bumps Every 5 Yrs. Including Options - Zero Landlord Duties -Accelerated Depreciation Asset
  • #1 Ranked Tourist Destination/Most Popular in the World (47M+) - Tremendous Population Growth
  • RARE Retail NNN Property w/ Gaming License Entitlements/Machines – Recession-Proof Tenant Use

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the single-tenant NNN-leased Green Valley Grocery in Las Vegas, NV. Green Valley Grocery operates over 80 service stations across Southern Nevada and was acquired by Anabi Oil in 2025 (the largest Shell-branded fuel distributor in California). With over 25 years of successful occupancy, 3+ years remaining in the primary term, two 5-year option periods, and 10% rent increases every 5 years, this asset is ideal for an investor seeking passive cash flow in an income-tax-free state. The 3,006 SF C-store with 8 fuel pumps, which qualifies for accelerated depreciation, is positioned on the hard-corner, signalized intersection of S Cimarron Road and W Flamingo Road (31,400+ VPD) and is within 2 miles of Clark County Road 215 (over 64,000 VPD). Numerous national retailers surround the subject property, including Albertsons, Cardenas Markets, Walgreens, Chase Bank, AutoZone, 7-Eleven, McDonald’s, Starbucks, Dunkin’, Jack in the Box, Taco Bell, Arby’s, and Wendy’s. This is a great opportunity to purchase a NNN-leased gas station in Las Vegas with a well-established operator, minimal landlord responsibilities, and strong history, providing effortless income for years to come.

FOR SALE DETAILS

PRICE

$3,678,000 USD

PRICE/SF

$1,027 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Green Valley Grocery & Shell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

C-2

APN/PARCEL ID

163-21-101-032

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

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