Auto Service - Gas-Conv
Rare 20-Year Absolute Net Lease to 7-Eleven
4151 Boulder Hwy, Las Vegas, NV 89121
Listing Price: $5,154,639
Cap Rate
4.85%
Tenant Name
7-Eleven
Years Remaining On Lease
19.9
Gross SF
2,585
Guarantor
Corporate Guarantee
Rentable SF
2,585
Price/Gross SF
$1,994.06
Lease Type
Absolute Net
Rent Per Square Feet
$96.71
Investment Overview
4151 Boulder Hwy, Las Vegas, NV 89121
Rare 20-Year Absolute Net Lease to 7-Eleven
Investment Highlights
- 20-YEAR CORPORATE ABSOLUTE NNN: Due to the Strength of the Location and Business, Ownership was able to Restructure a New 20-Year Absolute Net Lease with 10% Fixed Increases Every 5 Years.
- IRREPLACEABLE VEGAS ARTERIAL OPPORTUNITY: The Site Sits at a Signalized Corner on Boulder Highway and E. Desert Inn Rd, a Key Las Vegas Corridor Intersection with ±84.5K Total Vehicles per Day.
- #1 U.S. TOURISM ENGINE | NEXT TO BOULDER STATION CASINO (1.4M VISITS/YEAR): Las Vegas Attracted 41.7 Million Visitors in 2024, Generating $87.7 Billion in Economic Impact.
- TAX-FAVORED MARKET: Nevada's Zero State Income Tax and Business-Friendly Environment Support Stronger Investor Returns.
- 50% NOI GROWTH BUILT-IN: Base Rent Increases 10% Every Five Years, Rising From $250,000 to $332,750 Over the Primary Term—Delivering a 50% Increase in Net Operating Income.
Exclusively Listed By
Auto Service - Gas-Conv
Rare 20-Year Absolute Net Lease to 7-Eleven
Listing Price: $5,154,639
Cap Rate
4.85%
Tenant Name
7-Eleven
Years Remaining On Lease
19.9
Gross SF
2,585
Guarantor
Corporate Guarantee
Rentable SF
2,585
Price/Gross SF
$1,994.06
Lease Type
Absolute Net
Rent Per Square Feet
$96.71
Investment Highlights
- 20-YEAR CORPORATE ABSOLUTE NNN: Due to the Strength of the Location and Business, Ownership was able to Restructure a New 20-Year Absolute Net Lease with 10% Fixed Increases Every 5 Years.
- IRREPLACEABLE VEGAS ARTERIAL OPPORTUNITY: The Site Sits at a Signalized Corner on Boulder Highway and E. Desert Inn Rd, a Key Las Vegas Corridor Intersection with ±84.5K Total Vehicles per Day.
- #1 U.S. TOURISM ENGINE | NEXT TO BOULDER STATION CASINO (1.4M VISITS/YEAR): Las Vegas Attracted 41.7 Million Visitors in 2024, Generating $87.7 Billion in Economic Impact.
- TAX-FAVORED MARKET: Nevada's Zero State Income Tax and Business-Friendly Environment Support Stronger Investor Returns.
- 50% NOI GROWTH BUILT-IN: Base Rent Increases 10% Every Five Years, Rising From $250,000 to $332,750 Over the Primary Term—Delivering a 50% Increase in Net Operating Income.
Investment Overview
4151 Boulder Hwy, Las Vegas, NV 89121
Exclusively Listed By
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