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2210 E Warm Springs Rd - WOW Carwash

4,814 SF Specialty Building Offered at $6,930,000 at a 6.50% Cap Rate in Las Vegas, NV 89119

Investment Highlights

  • 20-Year Absolute NNN Lease | Corporate Guaranty
  • High Traffic Intersection (+/- 70,500 VPD)
  • Excellent Access & Visibility
  • Qualifies for Bonus Depreciation
  • 2.5 miles from the CC 215 Freeway (165,000 VPD)
  • Centrally Located in a Dense and Mature Trade Area

Executive Summary

Colliers is pleased to present an exclusive opportunity to acquire ownership of a new construction STNL WOW Carwash drive-thru 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.
Strategically located on Warm Springs Rd., near the high traffic intersection of Eastern Ave., the property enjoys exceptional visibility with traffic counts exceeding ±70,500 VPD. Its prime positioning offers unparalleled access to Harry Reid International Airport, Las Vegas’ Main Car Rental Hub, University of Nevada Las Vegas, the iconic Las Vegas Strip, and the expansive 324-acre Sunset Park.
The site resides 2.5-miles north of the CC 215 Freeway (165,000 VPD) – a major east west thoroughfare connecting Henderson to the Southwest trade area and Summerlin. This premium location capitalizes on substantial residential, commuter, and tourist traffic. Notable nearby co-tenants include Albertsons, Walmart, Einstein Bros. Bagels, Tire Choice, Chevron, Valvoline, El Pollo Loco, Wendy’s, Sonic Drive-In, and an upcoming Chipotle, ensuring a steady flow of potential customers.
The asset services the nearby communities of Paradise, Green Valley, Silverado Ranch, and Whitney Ranch. The surrounding trade area is densely populated and well-established, with approximately ±379,369 residents boasting an average household income of $93,549 within a 5-mile radius.

Property Facts

Price $6,930,000
Price Per SF $1,440
Sale Type Investment
Cap Rate 6.50%
Property Type Specialty
Property Subtype
Car Wash
  • General Retail Auto Repair
  • General Retail Storefront
  • General Retail Storefront Retail/Residential
Building Class A
Lot Size 1.49 AC
Building Size 4,814 SF
No. Stories 1
Year Built 2024
Parking Ratio 6.86/1,000 SF

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
177-02-802-003
Land Assessment
$273,000
Improvements Assessment
$200,708
Total Assessment
$473,708

zoning

Zoning Code CG (Commercial General)
CG (Commercial General)
  • Listing ID: 32265570

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 2210 E Warm Springs Rd, Las Vegas, NV 89119

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