Take 5 Oil Change | 651 N Mccarran Blvd
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Take 5 Oil Change 651 N Mccarran Blvd
2,489 SF Retail Building Sparks, NV 89431 $1,500,000 ($603/SF) 6% Cap Rate
Investment Highlights
- Absolute NNN Lease with Increases
- Along Vital Regional Thoroughfare
- Sparks, NV, is a growing city with a thriving economy and emerging tech hub
- Ideal Location within Grocery Anchored Center
- Bustling Intersection with High Occupancy
Executive Summary
Recently improved national auto lube site on a long term, absolute NNN lease in a grocery-anchored shopping center. Located in Sparks, a growing market in the tax-free state of Nevada.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,489 SF
Building Class
B
Year Built/Renovated
1987/1990
Price
$1,500,000
Price Per SF
$603
Cap Rate
6%
NOI
$90,072
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.55 AC
Zoning
MUD / City of Sparks - Mixed Use
Parking
24 Spaces (9.64 Spaces per 1,000 SF Leased)
Frontage
67 FT on Mccarran Blvd
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
1 of 7
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Take 5 Oil Change | 651 N Mccarran Blvd
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