4522 Lamb Blvd
Stable NNN income today with Market Upside Rent Growth
Marketing description
4522 N. Lamb Blvd at 4522 N. Lamb Blvd, Las Vegas, NV 89115 offers investors the opportunity to acquire a high-performing 17,500 SF single-tenant industrial asset in one of Las Vegas’ strongest service-industrial corridors. Leased to Auto Body Repair, a growing multi-location collision repair operator, the property delivers stable, passive income through an absolute NNN lease with no landlord expense responsibilities. As outlined in the offering memorandum, the lease features 3% annual rent increases, creating built-in NOI growth from the current $216,636 to higher projected returns over the lease term. Current rent remains approximately 20% below market, presenting meaningful upside at renewal, along with two 5-year renewal options for added long-term value. This well-positioned industrial/automotive service facility benefits from Las Vegas’ rapid population growth, strong demand for functional industrial space, and strategic access to major transportation corridors. Offered at $3,500,000, this investment combines dependable cash flow, contractual rent growth, and future market upside in a dynamic and expanding western U.S. industrial market.
Investment highlights
Absolute NNN Lease – Tenant responsible for taxes, insurance, maintenance, and utilities providing a true passive investment with no landlord responsibilities
• Stable Tenant – Leased to Auto Body Repair, a growing multi-location collision repair operator expanding across several states
• Contractual Rent Growth – Lease includes 3% annual increases, providing predictable income growth throughout the remaining lease term
• Below-Market Rent Upside – Current rent estimated to be approximately 20% below market, creating strong potential for increased income at renewal
• Yield Growth Over Lease Term – Current income of $216,636 annually grows to approximately $236,000+ by Year 4 before renewal
• 17,500 SF Industrial Asset – Functional industrial building with automotive service use in a highly desirable industrial market
• Strong Market Fundamentals – Located in Las Vegas, one of the fastest-growing industrial markets in the western United States
• Stabilized Income Potential – Market rent projections near $22,000/month support a stabilized NOI of approximately $264,000
“Stable NNN income today with significant upside to market rent.”
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