7-Eleven – Las Vegas NV

  • NE-Oblique-website

Available $3,000,000 - Retail - Single Tenant
Cap Rate:  4.50%Size:  3,000 SFTerm:  15 Years Print

 Investment Offering & Highlights

  • NEW 2018 CONSTRUCTION – Triple Net Lease / 10% rent increases every 5 years
  • INVESTMENT GRADE TENANT Rated AA- by Standard and Poors
  • HIGH TRAFFIC LOCATION – Hard corner, signalized intersection, with approximately 48,000 vehicles per day / ~0.7 miles to Interstate 215 – 164,000 VPD / ~1.5 miles west of Interstate 15 – 146,000 VPD
  • STRATEGIC LOCATION – Huge daytime population ~126,000 within a 3 mile radius / Located adjacent to 2.4 Million square feet of Technology, Warehousing and Data Centers / Zoning restrictions limit the use of a Convenience Store on both the SEC and NEC of Warm Springs & Decatur, and the NWC is owned by Las Vegas Valley Water District
  • HIGH GROWTH MARKET – Population in the trade area has increased by ~17% since 2010 / Population is projected to increase by an additional 10%+ by 2022
  • EXCELLENT RETAIL DEMOGRAPHICS –Population of 10,313 & Average household income of $73,058 in a 1 mile radius
  • Offering Memorandum

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Property Location