WOW Carwash - Stephanie & Wigwam

Highlights:

• 20-Year Absolute NNN Lease | Corporate Guaranty
• Qualifies for Bonus Depreciation
• High Traffic Intersection | Prime Retail Location
• Excellent Access & Visibility
• Dense & Affluent Demographics

Description:

Colliers is pleased to present an exclusive opportunity to acquire ownership of a new construction STNL WOW Carwash drive-thru that is strategically located in one of the most desirable retail corridors in the Las Vegas MSA. The property benefits from a new 20-Year Absolute NNN lease and qualifies for bonus depreciation – allowing investors tremendous tax savings in Year 1 of ownership.

The property is strategically positioned at the signalized intersection of Stephanie St. and Wigwam Pkwy., just north of the CC 215 Freeway with combined traffic counts in excess of ±36,780 VPD. The asset sits outparcel to a ±208,000 SF RC Wiley Furniture Showroom, with notable co-tenants including Lamps Plus, Somerset Academy (±985 students), WinCo Foods Grocery, Popeyes, Wendy’s, Chase Bank and more.

The site is just off of the CC 215 Freeway (±159,000 VPD) – a major east-west commuter thoroughfare connecting Henderson to Southwest Las Vegas and Summerlin. The asset services affluent residents within the Green Valley trade area with ±308,462 residents with an average household income of ±$105,347 within a 5-mile radius. Henderson, NV is consistently recognized as a premier destination to live, work, and play with notable businesses, such as Amazon, Google, and Kroger continuing to expand their footprint in the trade area.

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