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USA Auto Service

$3,110,000

2475 North Nellis Boulevard, Las Vegas, NV 89115

Active
Last Updated: 08/21/2025

6

Cap Rate

186,624

NOI

Details:
Cap Rate:    6%
NOI:    $186,624
Building Size:    6,912 sqft
Lot Area:    1.16 acres
Lease Type:    Absolute Net
Tenancy:    Single
Parking Spots:    37
Year Last Renovated:    2025
Highlights:
  • 15-year absolute net lease with 10% rental increases every 5 years – zero landlord expense or maintenance obligations
  • Lease is signed by tenant’s parent company, Auto Management, Inc., and features personal guaranties from both the company’s founders
  • Newly renovated auto care facility in dense residential trade area
  • Standalone visibility on N Nellis Boulevard – 30,000+ VPD
  • Just 2 miles from Nellis AFB – home to 60,000 residents comprised of base families & retirees and generating $4.4B in economic impact to the region
Description:

A brand-new 15-year absolute net corporate USA Auto lease featuring 10% rental increases every 5 years throughout the base term and options. The subject property is located just 2 miles from Nellis AFB – home to 60,000 residents comprised of base families & retirees and generating $4.4B in economic impact to the region.

Map:
Documents:
Title
USAAuto_LasVegasNV_Nellis.pdf
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Location
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