NWC Cheyenne Ave. & Bucyrus Erie St. - Convenience Store FOR SALE


North Las Vegas, NV 89030
$5,300,000 USD
702-449-1180
NWC Cheyenne Ave. & Bucyrus Erie St., North Las Vegas, NV for Sale
$5,300,000 USD
Convenience Store - FOR SALE
1/7

NWC Cheyenne Ave. & Bucyrus Erie St.
North Las Vegas, NV 89030


HIGHLIGHTS

  • 20-Year Absolute NNN Ground Lease
  • Dominant Regional Tenant/Guarantor
  • New 2025 Construction | Rent Commenced November 2024
  • Strategically Located in the Heart of the I-15 Corridor
  • Travel Center Amenities Include: Gas/Diesel Pumps, Auto/Truck Parking, Carwash, Dining, Gaming, Tavern, and Retail Facilities

OVERVIEW

Colliers is pleased to exclusively offer for sale a ±9,565 SF Terrible’s Chevron travel center located in North Las Vegas, Nevada, strategically positioned just off of the I-15 corridor, a critical transcontinental freight corridor servicing Nevada, Utah, and California carrying ±150,000 VPD. Founded in 1959, Terrible’s is the 46th largest c-store operator in the U.S. and operates 186 stores across Nevada, California, Arizona, and Utah. The property, consisting of a ±3.45 acre parcel featuring a travel center with fuel stations and a car wash along with a gaming tavern bar/grill, benefits from a 20-Year Absolute NNN ground lease with 10% rent increases every 5 years, including options. I-15 is a primary north-south interstate highway traversing six states: California, Nevada, Arizona, Utah, Idaho, and Montana. In Nevada, it serves as a vital transportation link and key artery for freight movement, connecting Las Vegas Southern California and Salt Lake City, UT. This strategic positioning makes it a crucial route for both commercial and leisure travel. With its prime location, long term absolute NNN lease, and proximity to North Las Vegas’ major industrial projects and developments, this asset is perfectly positioned to deliver consistent returns along with long-term growth/stability.

FOR SALE DETAILS

PRICE

$5,300,000 USD

CAP RATE

4.72%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Terrible’s Chevron Travel Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Restaurant, Service Station, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.45 AC

LAND SF

150,282 SF

ZONING

M-2

APN/PARCEL ID

139-11-401-008

ASK ABOUT THIS PROPERTY

Adam MalanColliersMore Info
702-449-1180

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Adam MalanColliersMore Info
702-449-1180

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