1925 N Hollywood Blvd
Las Vegas, NV 89156
Tire Works · Retail Property For Sale
Investment Highlights
- Brand New 15-Year Absolute Net Lease
- Guarantor Reported over $110 Million in Revenue in 2018 on 66 Units
- GB Auto Service Inc Guarantee (Operating 6 Brands & Over 101 Units in Southwest and Texas)
- Annual Escalations provide Hedge Against Inflation
Property Facts
Amenities
- Signage
About 1925 N HOLLYWOOD BLVD , LAS VEGAS, NV 89156
TENANT PAID IN FULL THROUGH COVID SHUTDOWN - This well located Tire Works property is strategically located in the Northeast part of Las Vegas. This location sits just a short distance from the Church of Jesus Christ of Latter Day Saints Temple. The Tenant just recently extended its Lease for 15 years demonstrating the success of the location, but also their commitment to the site. The Tenant is Tire Works which operates 17 locations throughout Nevada and Arizona with additional locations slated to open in the next 12 months. The Guarantor is GB Auto Service Inc which is a 101 unit multi-brand parent company operating as BRAKEmax, Tire Works, Ramona Tire, Evans Tire, Driver's Edge Complete Auto Care and Lamb's Tire & Automotive Centers throughout the Southwestern United States. For a complete marketing package, please visit: www.dustinralvino.com
Property Taxes
| Parcel Number | 140-22-715-007 | Improvements Assessment | $250,695 |
| Land Assessment | $81,110 | Total Assessment | $331,805 |
Property Taxes
