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46 Stephanie St - WOW Carwash

4,742 SF Specialty Building Offered at $6,531,000 at a 6.25% Cap Rate in Henderson, NV 89074

Investment Highlights

  • 20-Year Absolute NNN Lease | Corporate Guaranty
  • High Traffic Intersection | Prime Retail Location
  • Dense & Affluent Demographics
  • Qualifies for Bonus Depreciation
  • Excellent Access & Visibility

Executive Summary

Colliers is pleased to present an exclusive opportunity to acquire ownership of a new construction STNL WOW Carwash drive-thru that is strategically located in one of the most desirable retail corridors in the Las Vegas MSA. 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.
The property is strategically positioned at the signalized intersection of Stephanie St. and Wigwam Pkwy., just north of the CC 215 Freeway with combined traffic counts in excess of ±36,780 VPD. The asset sits outparcel to a ±208,000 SF RC Wiley Furniture Showroom, with notable co-tenants including Lamps Plus, Somerset Academy (±985 students), WinCo Foods Grocery, Popeyes, Wendy’s, Chase Bank and more.
The site is just off of the CC 215 Freeway (±159,000 VPD) – a major east-west commuter thoroughfare connecting Henderson to Southwest Las Vegas and Summerlin. The asset services affluent residents within the Green Valley trade area with ±308,462 residents with an average household income of ±$105,347 within a 5-mile radius. Henderson, NV is consistently recognized as a premier destination to live, work, and play with notable businesses, such as Amazon, Google, and Kroger continuing to expand their footprint in the trade area.

Property Facts

Price $6,531,000
Price Per SF $1,377
Sale Type Investment
Cap Rate 6.25%
Property Type Specialty
Property Subtype Car Wash
Lot Size 1.75 AC
Building Size 4,742 SF
No. Stories 1
Year Built 2024

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
178-15-310-004
Land Assessment
$466,909
Improvements Assessment
$464,588
Total Assessment
$931,497

zoning

Zoning Code CC (Community Commercial)
CC (Community Commercial)
  • Listing ID: 32264785

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 46 Stephanie St, Henderson, NV 89074

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