The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors, an opportunity to acquire a new construction Absolute NNN ground lease with Circle K in Las Vegas, NV. Positioned Directly on Blue Diamond Rd (Nevada State Route 160), which sees over 55,900+ VPD, this site will include a 5,000+ SF convenience store and 16 fuel pumps. With a 20-year primary lease, six 5-year options, and 5% rent increases every 5 years, this is an ideal investment for a coupon clipper or an investor desiring zero landlord responsibilities with steady rent increases.
Nearby retailers include The Habit Burger, Cafe Rio, Wingstop, Burger King, Little Caesars, 7-Eleven and Alberton’s. This is an excellent opportunity to acquire a well-located retail ground lease with 20 years of worry-free cash flows, 30 years in options, and rent increases.