Terrible's Chevron Travel Center

Highlights:

• 20-Year Absolute NNN Ground Lease
• Dominant Regional Tenant/Guarantor
• New 2025 Construction | Rent Commenced November 2024
• Strategically Located in the Heart of the I-15 Corridor
• Travel Center Amenities Include: Gas/Diesel Pumps, Auto/Truck Parking, Carwash, Dining, Gaming, Tavern, and Retail Facilities

Description:

Colliers is pleased to exclusively offer for sale a ±9,565 SF Terrible’s Chevron travel center located in North Las Vegas, Nevada, strategically positioned just off of the I-15 corridor, a critical transcontinental freight corridor servicing Nevada, Utah, and California carrying ±150,000 VPD.

Founded in 1959, Terrible’s is the 46th largest c-store operator in the U.S. and operates 186 stores across Nevada, California, Arizona, and Utah. The property, consisting of a ±3.45 acre parcel featuring a travel center with fuel stations and a car wash along with a gaming tavern bar/grill, benefits from a 20-Year Absolute NNN ground lease with 10% rent increases every 5 years, including options.

I-15 is a primary north-south interstate highway traversing six states: California, Nevada, Arizona, Utah, Idaho, and Montana. In Nevada, it serves as a vital transportation link and key artery for freight movement, connecting Las Vegas Southern California and Salt Lake City, UT. This strategic positioning makes it a crucial route for both commercial and leisure travel. With its prime location, long term absolute NNN lease, and proximity to North Las Vegas’ major industrial projects and developments, this asset is perfectly positioned to deliver consistent returns along with long-term growth/stability.

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