2100 S Decatur Blvd - Auto Repair FOR SALE


Las Vegas, NV 89102- Buffalo
$7,000,000 USD
702-768-6459
2100 S Decatur Blvd, Las Vegas, NV for Sale
$7,000,000 USD
Auto Repair - FOR SALE
1/11
null | Request Cap Rate

2100 S Decatur Blvd
Las Vegas, NV 89102
Buffalo


HIGHLIGHTS

  • STNL Opportunity with Future Redevelopment Potential
  • Plug & Play Automotive Dealership on Corner Lot

OVERVIEW

SINGLE-TENANT NET LEASE OPPORTUNITY * Established Tenancy | Carvana (NYSE: CVNA), founded in 2012, is an industry pioneer for buying and selling used vehicles online. As the fastest growing used automotive retailer in U.S. history, its proven, customer-first Ecommerce model has positively impacted millions of people’s lives through convenient, accessible and transparent experiences. * In-place NNN lease offers ease of ownership and attractive passive income | Potential redevelopment site. Existing C-2 zoning provides opportunity for future redevelopment | Plug & Play automotive dealership on corner-lot location with excess land and exceptional visibility. * Contracted rent is approximately ±21% below market, providing significant future value-add opportunity at rollover in approximately 1.6 years. * Proximity to Numerous major auto dealerships. Other dealerships include Nissan, Toyota, Audi, Mercedes, BMW, and others. * Located at the NEC of Decatur Boulevard and O’Bannon Drive, with ±53,000 cars per day on average. Surrounding area is densely populated and near many retail services.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$431 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

4.27 AC

LAND SF

186,001 SF

ZONING

C-2

APN/PARCEL ID

162-06-301-006

ASK ABOUT THIS PROPERTY

Michael HsuCBREMore Info
702-768-6459

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Michael HsuCBREMore Info
702-768-6459

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