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Auto Service - Gas-Conv

Shell / Haddie's C-Store & Car Wash Ground Lease

7719 N El Capitan Way, Las Vegas, NV 89143

Listing Price: $4,250,000

Cap Rate
4.76%
Tenant Name
DF Durango, LLC
Years Remaining On Lease
15.8
Gross SF
7,398
Guarantor
Personal Guarantee
Rentable SF
7,398
Price/Gross SF
$574.48
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.37

Investment Overview

Shell Oil Company is the United States-based wholly owned subsidiary of Royal Dutch Shell, which is amongst the largest oil companies in the world. Headquartered in Houston, Texas with approximately 22,000 Shell employees in the U.S. and 25,000 Shell-branded gas stations, Shell Oil Company (including its consolidated companies and its share in equity companies) is one of America’s largest oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers. As of 2021, Shell operated in over 70 countries with 80,000 employees internationally. Each day, Shell produces approximately 3.7 million barrels of oil. In 2020, Shell generated $180.5 billion in revenue, investing $907 million in research and development. As of 2020, Shell is the fifth-largest company in the world and the largest based in Europe. Shell continues to be a customer-focused organization, serving more than one million commercial and industrial customers, and 30 million customers at 46,000 retail service stations daily.

Investment Highlights

  • Absolute Triple-Net (NNN) Ground Lease with 16 Years Remaining on Lease Term
  • 12 Percent Increases Every Five Years
  • Significant Personal Guaranty
  • 174,831 Residents Within a Five-Mile Radius - Growing North Las Vegas Trade Area
  • Excellent Location Outparcel to Lowe's
  • Surrounded by Several National Retailers - Lowe's, Sprouts Farmers Market, Walgreens, McDonald's, Jack in the Box, Del Taco, etc.
  • Signalized Hard Corner Location with High Visibility - Over 52,500 Cars per Day at the Intersection
  • Easily Accessible - Directly Off the U.S. Route 95, a Major Connector for Nevada

Exclusively Listed By

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Phoenix

Broker of Record

  • Justin L. Forman

    First Vice President Investments

    (702) 215-7150

    License(s) NV: B.1002463.CORP

    Nevada

Financing By

Auto Service - Gas-Conv

Shell / Haddie's C-Store & Car Wash Ground Lease

Listing Price: $4,250,000

Cap Rate
4.76%
Tenant Name
DF Durango, LLC
Years Remaining On Lease
15.8
Gross SF
7,398
Guarantor
Personal Guarantee
Rentable SF
7,398
Price/Gross SF
$574.48
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.37

Investment Highlights

  • Absolute Triple-Net (NNN) Ground Lease with 16 Years Remaining on Lease Term
  • 12 Percent Increases Every Five Years
  • Significant Personal Guaranty
  • 174,831 Residents Within a Five-Mile Radius - Growing North Las Vegas Trade Area
  • Excellent Location Outparcel to Lowe's
  • Surrounded by Several National Retailers - Lowe's, Sprouts Farmers Market, Walgreens, McDonald's, Jack in the Box, Del Taco, etc.
  • Signalized Hard Corner Location with High Visibility - Over 52,500 Cars per Day at the Intersection
  • Easily Accessible - Directly Off the U.S. Route 95, a Major Connector for Nevada

Investment Overview

Shell Oil Company is the United States-based wholly owned subsidiary of Royal Dutch Shell, which is amongst the largest oil companies in the world. Headquartered in Houston, Texas with approximately 22,000 Shell employees in the U.S. and 25,000 Shell-branded gas stations, Shell Oil Company (including its consolidated companies and its share in equity companies) is one of America’s largest oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers. As of 2021, Shell operated in over 70 countries with 80,000 employees internationally. Each day, Shell produces approximately 3.7 million barrels of oil. In 2020, Shell generated $180.5 billion in revenue, investing $907 million in research and development. As of 2020, Shell is the fifth-largest company in the world and the largest based in Europe. Shell continues to be a customer-focused organization, serving more than one million commercial and industrial customers, and 30 million customers at 46,000 retail service stations daily.

Exclusively Listed By

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Phoenix

Broker of Record

  • Justin L. Forman

    First Vice President Investments

    (702) 215-7150

    License(s): NV: B.1002463.CORP

    Nevada

Financing By

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