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29577972
29577973

8215 W Flamingo Rd, Las Vegas, NV 89147

EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
DG
NV BS 21567
Colliers - Las Vegas, Nevada
Listed by Colliers - Los Angeles - Orange County, California, Colliers - Las Vegas, Nevada
$3,678,000
141 days on market
Updated 30 days ago

Green Valley Grocery & Shell

Details
APN 163-21-101-032
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,006
Cap Rate 6.1%
NOI $224,400
Occupancy 100%
Tenancy Single
Brand/Tenant Shell, Green Valley Grocery
Lease Type NNN
Lease Term 29
Lease Expiration 04/03/2029
Remaining Term 2.8
Rent Bumps Yes
Lease Options 2, 5-Year Option Periods
Broker Co-Op Yes
Acreage 0.920
Zoning C-2
Investment Type Net Lease
Lease Commencement 04/03/2000

Retail | 6.10% CAP | 3,006 SqFt

Marketing description

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the single-tenant NNN-leased Green Valley Grocery in Las Vegas, NV. Green Valley Grocery operates over 80 service stations across Southern Nevada and was acquired by Anabi Oil in 2025 (the largest Shell-branded fuel distributor in California). With over 25 years of successful occupancy, 3+ years remaining in the primary term, two 5-year option periods, and 10% rent increases every 5 years, this asset is ideal for an investor seeking passive cash flow in an income-tax-free state.

The 3,006 SF C-store with 8 fuel pumps, which qualifies for accelerated depreciation, is positioned on the hard-corner, signalized intersection of S Cimarron Road and W Flamingo Road (31,400+ VPD) and is within 2 miles of Clark County Road 215 (over 64,000 VPD). Numerous national retailers surround the subject property, including Albertsons, Cardenas Markets, Walgreens, Chase Bank, AutoZone, 7-Eleven, McDonald’s, Starbucks, Dunkin’, Jack in the Box, Taco Bell, Arby’s, and Wendy’s.

This is a great opportunity to purchase a NNN-leased gas station in Las Vegas with a well-established operator, minimal landlord responsibilities, and a strong history, providing effortless income for years to come.

Investment highlights

  • Proven Long Term NNN Corp. Lease by Green Valley Grocery/ Gas Station - Open Since 2000

  • Prominent Signalized Hard Corner - Dense Residential Corridor - Near Spring Valley High School

  • Dominant Gas/C Store Brand in Vegas - Strong Corp Guaranteed - 87+ Locations in S. Nevada

  • 10% Bumps Every 5 Yrs. Including Options - Zero Landlord Duties -Accelerated Depreciation Asset

  • #1 Ranked Tourist Destination/Most Popular in the World (47M+) - Tremendous Population Growth

  • RARE Retail NNN Property w/ Gaming License Entitlements/Machines – Recession-Proof Tenant Use

  • Huge Monument Signage - Adjacent to Affluent Summerlin Area – Best-in-Class Shell Gas Station Brand

Listing Contacts

EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
DG
NV BS 21567
Colliers - Las Vegas, Nevada
Listed by Colliers - Los Angeles - Orange County, California, Colliers - Las Vegas, Nevada

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$224,400.00
$18,700.00/mo

Valuation Metrics

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DSCR
6.1%
Cap Rate
6.1%
ROI

Map

Zoning

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Last updated Jan 15, 2026 For deeper zoning details, reports are available at Zoneomics

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