East Centennial Parkway - Convenience Store FOR SALE


North Las Vegas, NV 89081
$4,300,000 USD
702-375-1022
East Centennial Parkway, North Las Vegas, NV for Sale
$4,300,000 USD
Convenience Store - FOR SALE
1/6
null | 4.65% Cap Rate

East Centennial Parkway
North Las Vegas, NV 89081


HIGHLIGHTS

  • NYSE: CRK - Circle K Stores, Inc. Corporation Guarantee
  • 20-Year Absolute NNN Lease
  • High traffic intersection and 1-mile from the CC 215 Beltway
  • National co-tenants include Chick-fil-A, Freddy's, Valvoline, Providence Dental, and WOW Car Wash
  • Adjacent to several multi-family apartments and the new Tule Springs master-planned community
  • Dense and Underserved Demographics

OVERVIEW

Colliers is pleased to exclusively offer for sale a new construction single-tenant net-leased Circle K located in North Las Vegas, NV. The property consists of a ±5,187 SF freestanding convenience store with 7 gas pumps and benefits from a 20-Year Absolute NNN Ground Lease. This newly constructed Circle K is adjacent to Rome Pines Senior Apartments (±240 units), Rome Pines Family Apartments (±292 units), and is directly across from the future 5th St Village with ±422 multi-family units. The site is situated at the signalized intersection of E. Centennial Pkwy. and N. 5th St., with combined traffic counts in excess of ±33,000 VPD, strategically located just south of the CC 215 Beltway with exposure to an additional ±35,000 VPD. National co-tenants within the development include Chick-fil-A, Freddy’s Frozen Custard & Steakburgers, Valvoline, Providence Dental, and WOW Car Wash. Other nearby retailers include Target, Kohl’s, The Home Depot, Ross, Burlington, PetSmart, Michaels, Valley Health Systems, Burger King, Starbucks, and more. The asset is well positioned within a high growth trade area, while servicing ±297,959 residents with average household incomes of over $98,014 within a 5-mile radius.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$829 USD /SF

CAP RATE

4.65%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL Circle K Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

C-2

APN/PARCEL ID

124-22-815-009

ASK ABOUT THIS PROPERTY

Deana MarcelloColliersMore Info
702-375-1022

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

Deana MarcelloColliersMore Info
702-375-1022

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