15-year absolute NNN lease with 3% annual rental increases – zero landlord expense or maintenance obligations |
Lease is signed b y tenant’s parent company – Auto Management, Inc. – and features a personal guaranty from the company’s founder |
Subject property is a “Multi-Care” concept store specializing in a wide range of services (brakes, tires, batteries, etc.) |
Part of a 5-property development located at W Oquendo Road & S Rainbow Road exposed to significant traffic counts – 50,000+ VPD |
Dense residential area – 361,516 residents within a 5-mile radius of the subject property |
Just 6 miles from the Las Vegas Strip – 40M+ annual visitors |