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3162-3164 Las Vegas Blvd N
Las Vegas, NV 89115

$3,900,000 USD

Auto Repair For Sale  •  18,619 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 18,619 SF
  • Lot Size 1.24 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 6.22 %
  • Tenancy Multiple
  • Zoning IP
45 Transit Score
60 Walk Score

Highlights

STABILIZED CASH FLOW: Property is 100% leased to a mix of automotive related tenants who have recently signed term NNN leases.
EASE OF OWNERSHIP: Tenants are responsible for maintenance, repair, and replacement of nonstructural portions of premises.
LONGEVITY OF TENANTS: All tenants have operated at the Property since before 2014.
SIGNIFICANT RECENT CAPITAL IMPROVEMENTS: Over the past few months, the Property has seen substantial upgrades.
STRATEGIC LOCATION: Property is located with ±180 ft of frontage on N. Las Vegas Blvd.
INCOME TAX-FREE STATE: Nevada has no state income tax.

Property Flyers

Cap Rate: 6.22 %

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Harry Reid International 22 min - 12.2 mi
Boulder City Municipal 39 min - 27.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Cathy Jones 702-595-8765 Logic Commercial Real Estate
Cathy Jones 702-595-8765 Logic Commercial Real Estate