5611 South Durango Dr - Car Washes FOR SALE


Las Vegas, NV 89148
$3,250,000 USD
702-905-1031
5611 South Durango Dr, Las Vegas, NV for Sale
$3,250,000 USD
Car Washes - FOR SALE
1/1
null | 6% Cap Rate

5611 South Durango Dr
Las Vegas, NV 89148


HIGHLIGHTS

  • Strategic Location Just Off the Signalized Hard Corner
  • Highly Trafficked Intersection (47,500 AADT) with Excellent Access from Interstate 215 (91,000 AADT)
  • Less than 8 Miles from Las Vegas Strip - Las Vegas MSA GDP of $150 Billion
  • 2 Miles from Southern Hills Hospital and Medical Center

OVERVIEW

20-Year Corporate Ground Lease to Quick Quack Car Wash - No Landlord Maintenance Responsibilities - Scheduled 10% Rental Escalations Throughout Primary Term and Rare Scheduled 12.5% Rental Escalations Throughout Option Terms Brand New 2025 Construction Quick Quack Car Wash is 4th Largest Car Wash Brand in the U.S. - Rapidly Growing with 240 Locations Across Western U.S. & More Under Development

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$903 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Quick Quack Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,492 SF

ZONING

CG

APN/PARCEL ID

163-29-813-004

ASK ABOUT THIS PROPERTY

Alexandria KeserBear Real Estate Advisors, LLCMore Info
702-905-1031

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Alexandria KeserBear Real Estate Advisors, LLCMore Info
702-905-1031

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