Las Vegas, NV 89143

Shell / Haddies C-Store & Car Wash Ground Lease

Property Address

7719 North El Capitan Way, Las Vegas, NV, USA

Offering Summary

  • Price: $3,600,000
  • Lot Size: 1.09 Acrse
  • Cap Rate: 5.0%
  • Year Built: 2018
  • Building SF: 7,398
  • Status: In Escrow
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  • Absolute Triple-Net (NNN) Ground Lease with 19+ Years Remaining
  • 12% Rental Increases Every 5 Years
  • Significant Personal Guarantee
  • 166,642 Residents in Growing North Las Vegas Trade Area
  • Tremendous Growth Area - Households Projected to Increase 30%+ in 1-Mile Radius by 2023
  • Outparcel to Lowe’s
  • Surrounded by Many National Retailers – Lowe’s, Sprouts Farmers Market, Walgreens, McDonald’s, Jack in the Box, Del Taco, etc.
  • Easily Accessible – Directly Off the U.S. Route 95, a Major Connector for the State of Nevada
  • Excellent Visibility – Nearly 44,000 CPD at the N. Durango Drive & N. El Capitan Way Intersection
  • Average Household Income Exceeds $95K in 5-Mile Radius

Broker Information