STNL Terrible Herbst Chevron

Colliers is pleased to exclusively offer for sale a new construction STNL Terrible Herbst Chevron located along a highly trafficked commuter thoroughfare on Las Vegas Blvd.​ in close proximity to Downtown Las Vegas.​ This newly constructed gas station is comprised of 8 gas pumps and a ±4,719 SF convenience store with car wash.​

Founded in 1959, Terrible Herbst is a privately owned gasoline and convenience store chain that operates 176 stores across Nevada, California, Arizona and Utah.​ The asset benefits from a new 20-year Absolute NNN lease with zero landlord responsibilities and 10% rent increases every five years, including options.​

The site is strategically located at the signalized intersection of Las Vegas Blvd.​ and Carey Ave.​ with traffic counts in excess of ±33,600 VPD.​ The property benefits from direct proximity to the North Las Vegas City Hall and Municipal Courts along with ease of access to major freeways including the I-15 Freeway (±206,000 VPD).​ The asset services a dense and mature trade area with ±495,326 residents with an annual household income of ±$66,046 within a 5-mile radius and benefits from nearby co-tenants including Smith’s, La Bonita, El Super, Ross, El Pollo Loco, Denny’s, Chipotle and more.​

*Building photos are representative.​

Absolute NNN Ground Lease | New 20-Year Lease

• 20-year lease with six 5-year options

• Absolute NNN with zero landlord responsibilities

• 10% increases every 5 years, including options

Brand New Construction | Strong Operator

• Under construction with a Q4 2025 delivery

• Building includes 8 gas station pumps and car wash

• Strong corporate guarantee: Terrible Herbst, Inc. (± 176 unit operator)

Excellent Visibility | Strong Traffic Counts

• Less than 2 miles from the I-15 Freeway – a major north/south commuter thoroughfare with ±206,000 VPD.

• Situated at the signalized intersection of N Las Vegas Blvd. and Carey Ave. with nearby traffic counts in excess of ±33,600 VPD

• Minutes away from the US-95 Interchange and the historical Downtown Las Vegas and the Las Vegas Strip corridor

Dense & Mature Demographics

• Located in a mature and dense trade area with ±495,326 residents with average household incomes of ±$66,046 within a 5-mile radius

• North Las Vegas is growing 3.25% annually and has increased 14.62% since 2020. Approximately 13,200 housing units are planned and 1,900 acres are available for development