CLOSED ESCROW
RETAIL OWNER/USER
3225 W Ann Road
NORTH LAS VEGAS, NV 89031
PRICE:
PRICE/SF:
CAP RATE:
BUILDING SF:
YEAR BUILT:
$2,375,000
$415
8.00%
5,725
2005
DEAL HIGHLIGHTS:
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Multiple Offers
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Great North Las Vegas Location
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7 Day Due Diligence and 15 Day Close of Escrow!
ASSET HIGHLIGHTS
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Three Years Remain on a Absolute NNN Lease with Corporate and Personal Guarantee
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Over 23,000 People and Average Household Income Over $75,000 Within One Mile
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Nearby Retailers Albertsons, Walmart Neighborhood Market, Wells Fargo, McDonalds, Etc
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Well-Established Locally Owned Company
THE ASSET
The Hirth Group is pleased to present the opportunity to purchase a well-located single tenant investment opportunity in North Las Vegas, Nevada.
The subject property was built in 2005, consisting of 5,725-square feet on 0.68 acres of land. The property offers seven automotive repair bays, additional office space for staff, and a spacious waiting area plus restrooms for customers.
There are three years remaining on a fully triple-net lease with zero landlord responsibilities. The lease is corporately guaranteed by Tire Works and further strengthened by a personal guarantee by the owners of the company. Tire Works is a longstanding, locally-owned and operated company with a total of 15 locations throughout Las Vegas.