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30071206
30071207

734 & 774 N Nellis, Las Vegas, NV 89110

JH
NV BS.014889
Cambridge Group
PH
NV 29985
Cambridge Group
Listed by Cambridge Group
$3,200,000
95 days on market
Updated 74 days ago

734 & 774 N Nellis

Details
Property Type Retail
Sub Type Auto Shop, Restaurant
Cap Rate 5.76%
NOI $184,164
Occupancy 100%
Tenancy Single
Brand/Tenant Pep Boys
Lease Type Absolute NNN
Investment Type Net Lease

Retail | 5.76% CAP

Marketing description

Presenting an exceptional investment opportunity: the 774 & 734 N. Nellis Blvd in Las Vegas! Strategically located in the bustling East Las Vegas area, this property boasts a standalone building leased to the renowned automotive giant, Pep Boys, and a ground lease hosting a popular local Mexican restaurant with a convenient drive-thru option. With stable, diversified income from fully occupied spaces and a prime location along N. Nellis Boulevard with high daily traffic counts exceeding 21,000, this offering is a lucrative prospect. The property features modern amenities and strong tenant profiles, including Pep Boys, a household name in car care services, and Catalina Mexican Kitchen, offering authentic Mexican cuisine with a unique twist. Priced at $3,200,000 with a 5.75% cap rate and a NOI of $184,164, this investment presents an outstanding opportunity for investors looking to add a quality asset to their portfolio in the vibrant Las Vegas market. Take advantage of this chance to acquire a property that combines stability, growth potential, and prime location in one package!

Listing Contacts

JH
NV BS.014889
Cambridge Group
PH
NV 29985
Cambridge Group
Listed by Cambridge Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$184,164.00
$15,347.00/mo

Valuation Metrics

0
DSCR
5.76%
Cap Rate
5.76%
ROI

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Additional Information

Name
Jordan Hanley
License
BS.014889
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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