Bliss Car Wash + Multi-Tenant Retail
$7,227,000
430 East Ann Road, North Las Vegas, NV 89031
6.5
Cap Rate
469,800
NOI
Details:
Highlights:
- Long Term NNN Leases
- Bliss Car Wash features a 20-Year Absolute NNN Lease w/ Corporate Guarantee
- Ease of Management with a combined 78-Month Weighted Average Lease Term (WALT)
- Excellent Access & Visibility | Strong Traffic Counts
- Nearby National Co-Tenants | High Growth Trade Area
- Nearby National Co-Tenants | High Growth Trade Area
Description:
Colliers is pleased to exclusive offer for sale a freestanding New Construction Bliss Car Wash and Multi-Tenant Retail building situated on a combined ±2.4 acres within Sedona Marketplace, a daily needs retail development located in a dense, high growth trade area of North Las Vegas, NV. The offering features a Bliss Car Wash 20-Year Absolute NNN Ground Lease along with a Multi-Tenant Essential Services Retail Building supported by long term leases with Sedona Ranch Dental & Orthodontics, Smoke N’ Vape, and PresoTea; combining stable long term cash flow and ease of management while providing depreciation to the investor.
This asset is located within Sedona Market Place – a daily-needs retail development strategically located at the high-traffic intersection of E. Ann Rd. and N. 5th St. (±30,800 VPD) – a key north-south arterial in North Las Vegas with direct access to the I-215 Beltway (±51,500 VPD). Co-tenants within the center include 7-Eleven and Don Tortaco. Additional nearby co-tenants include Walmart, Smith’s, McDonald’s, O-Reilly Auto, Tire Choice, PT’s Pub and more! The site sits just north of the Craig Road retail corridor and south of the new Tule Springs master-planned community with approximately 8,700 homes, a ±35 AC park and 2 schools in development.
The subject property is well positioned within a high growth trade area, serving ±363,673 residents with average household incomes of over $100,605 within a 5-mile radius.
Location
Gallery