Auto Service - Gas-Conv
Choice Gas, Convenience, Car Wash + Corporate Valvoline
8055 S Rainbow Blvd, Las Vegas, NV 89113
Listing Price: $8,500,000
Cap Rate
10.26%
Tenant Name
Valvoline
Years Remaining On Lease
0.2
Guarantor
Corporate Guarantee
Rentable SF
13,443
Lease Type
Absolute Net
Rent Per Square Feet
$64.88
Investment Overview
Strategically situated in a dense retail corridor | Near national brand tenants such as Smith’s, Jack in the Box, O’Reilly Auto Parts, Dairy Queen, and Walgreens among others
Investment Highlights
- Full service gas and convenience store sitting on 1.71 AC of land | Includes a highly profitable full service car wash, gas station with fully enclosed gaming lounge and Corporate Valvoline Lube Shop
- Choice offers a full complement of services which is why it will continue to outpeform its nearby competition | Gas station, car wash, convenience store, gaming lounge, US Post Office, repair/lube sho
- Choice overs a cash-on-cash return with 50% down of 12.42% and a leverage return of 14.07% in one of the best submarkets in all of Las Vegas | Considered the new Chinatown
Exclusively Listed By
Auto Service - Gas-Conv
Choice Gas, Convenience, Car Wash + Corporate Valvoline
Listing Price: $8,500,000
Cap Rate
10.26%
Tenant Name
Valvoline
Years Remaining On Lease
0.2
Guarantor
Corporate Guarantee
Rentable SF
13,443
Lease Type
Absolute Net
Rent Per Square Feet
$64.88
Investment Highlights
- Full service gas and convenience store sitting on 1.71 AC of land | Includes a highly profitable full service car wash, gas station with fully enclosed gaming lounge and Corporate Valvoline Lube Shop
- Choice offers a full complement of services which is why it will continue to outpeform its nearby competition | Gas station, car wash, convenience store, gaming lounge, US Post Office, repair/lube sho
- Choice overs a cash-on-cash return with 50% down of 12.42% and a leverage return of 14.07% in one of the best submarkets in all of Las Vegas | Considered the new Chinatown
Investment Overview
Strategically situated in a dense retail corridor | Near national brand tenants such as Smith’s, Jack in the Box, O’Reilly Auto Parts, Dairy Queen, and Walgreens among others