$2,991,000 USD
562-230-5606
W Oquendo Rd & S Rainbow Blvd blvd
Las Vegas, NV 89118
Spring Valley
HIGHLIGHTS
- 15-year absolute NNN lease with 3% annual rental increases – zero landlord expense or maintenance obligations
- Lease is signed b y tenant’s parent company – Auto Management, Inc. – and features a personal guaranty from the company’s founder
- Subject property is a “Multi-Care” concept store specializing in a wide range of services (brakes, tires, batteries, etc.)
- Part of a 5-property development located at W Oquendo Road & S Rainbow Road exposed to significant traffic counts – 50,000+ VPD
- Dense residential area – 361,516 residents within a 5-mile radius of the subject property
- Just 6 miles from the Las Vegas Strip – 40M+ annual visitors
OVERVIEW
A 15-year absolute net corporate USA Auto Service Multi-Care featuring 3% annual rental increases throughout the base term and options. The subject property is part of a 5-parcel retail development which includes Starbucks and Conoco Phillips as well as a future dermatologist tenant and inline retail strip building. The tenant has 25+ years of experience with 21 locations in the Vegas MSA.
FOR SALE DETAILS
PRICE
$2,991,000 USD
PRICE/SF
$899 USD /SF
CAP RATE
5.85%
% LEASED
-
TENANCY
-
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
USA Auto Service Multi-Care
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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562-230-5606
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562-230-5606
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