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4670 E Tropicana Ave
Las Vegas, NV 89121
Pep Boys · Retail Property For Sale
Investment Highlights
- Strategic Location with High Visibility
- Attractive Owner-User or Investment Opportunity
- Strong Market Fundamentals
- Ample On-Site Parking & Flexible Layout
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Pep Boys Value-Add Opportunity located at 4670 E Tropicana Ave, Las Vegas, NV 89121. The site consists of roughly 20,944 rentable square feet of building space on an estimated 2.13-acre parcel of land. The Pep Boys is subject to a 10-year Double Net lease, which commenced 8/1/2023. The current annual rent is $264,561 and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
20,944 SF
Building Class
B
Year Built
1985
Price
$3,500,000
Price Per SF
$167.11
Cap Rate
7.33%
NOI
$256,561
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.13 AC
Zoning
CG - Commercial General
Parking
72 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
299’ on East Tropicana
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $423,209 | |
| Land Assessment | $357,211 | Total Assessment | $780,420 |
Property Taxes
Parcel Numbers
Land Assessment
$357,211
Improvements Assessment
$423,209
Total Assessment
$780,420
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