Wow Carwash - Sahara & Eastern

Highlights:

• 20-Year Absolute NNN Lease | Corporate Guarantee
• Qualifies for Bonus Depreciation
• Frontage on E Sahara Ave. (+/- 83,850 VPD)
• Positioned within Sahara Avenue’s auto dealership corridor
• Less than 2 miles from US-95 Freeway (±157,000 VPD)
• High Growth Trade Area w/ Dense and Mature Demographics

Description:

Colliers is pleased to present an exclusive opportunity to acquire ownership of a new construction STNL WOW Carwash drive-thru that is well positioned with frontage on Sahara Ave. – a major commuter thoroughfare in Las Vegas, NV. 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 high traffic signalized intersection of E Sahara Ave. and S Eastern Ave., with combined traffic counts in excess of ±83,850 VPD. Sahara Ave is one of Las Vegas’ primary east-west commuter thoroughfares, providing direct access to the US-95 and I-15 Freeways, Fremont East District, Downtown Las Vegas, the Las Vegas Strip and the Northwest trade area. The asset is also located within Sahara Avenue’s auto dealership corridor with co-tenants including Nissan, Honda, Tesla, Toyota, Chevrolet, Jeep, Buick, and GMC, along with Sonic Drive-Thru, Cardenas Market, El Pollo Loco, Wendy’s, Panda Express, and Jiffy Lube – all generating daily traffic to the corridor.

The site is less than 2-miles west of the US-95 Freeway (±157,000 VPD) – a major north-south arterial connecting Henderson to Northwest Las Vegas and Summerlin. The asset services residents of Downtown Las Vegas, the culture rich Winchester area, and the historical Scotch Eighties neighborhoods, with ±525,823 residents and an average household income of ±$61,044 within a 5-mile radius. The asset serves as a Gateway to the popular Fremont East District – with several urban growth projects coming soon, such as the Huntridge Revitalization and Mixed-Use project.

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