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4845 S Pecos Rd 9,000 SF 100% Leased Retail Building Las Vegas, NV 89121 $2,899,990 ($322.22/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Auto-Repair facility with frontage on South Pecos Road.
- 100% of Building leased at $15,280 per month NNN
- Cellular Phone tower paying an additional $2,232.35 per month.
- The property features a dedicated turn lane, and is in close proximity to a nearby shopping center.
- Equipped with 8 service bays.
- 2 - 20 year Long Term Tenants
EXECUTIVE SUMMARY
100% Leased NNN Auto Service Investment – 7.25% In-Place CAP (based on stated rent).
4845 S. Pecos Rd is a ~9,000 SF multi-tenant auto service property on ~1.13 acres, featuring two ~4,500 SF suites plus Verizon cell tower income.
Rent-A-Wheel (national tenant) in place since 2005 | Lease thru 12/31/2030
Potenza Automotive | Lease thru 12/31/2030 | 2% annual increases
Both leases NNN (tenants pay CAMs)
Verizon cell tower lease: $2,232.35/mo w/ 3% annual increases | Expires 7/31/2029 | Renewal discussions underway
Total In-Place Rent: $17,512.35/mo | $210,148.20/yr
Asking Price: $2,899,990
4845 S. Pecos Rd is a ~9,000 SF multi-tenant auto service property on ~1.13 acres, featuring two ~4,500 SF suites plus Verizon cell tower income.
Rent-A-Wheel (national tenant) in place since 2005 | Lease thru 12/31/2030
Potenza Automotive | Lease thru 12/31/2030 | 2% annual increases
Both leases NNN (tenants pay CAMs)
Verizon cell tower lease: $2,232.35/mo w/ 3% annual increases | Expires 7/31/2029 | Renewal discussions underway
Total In-Place Rent: $17,512.35/mo | $210,148.20/yr
Asking Price: $2,899,990
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,000 SF
Building Class
B
Year Built
1985
Price
$2,899,990
Price Per SF
$322.22
Cap Rate
7.25%
NOI
$210,249
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
8 Exterior
Building FAR
0.18
Lot Size
1.13 AC
Zoning
C-2, County
Parking
31 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
150’ on Pecos
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Potenza Automotive LLC
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Founded in 1996, Rent A Wheel/Rent-A-Tire started with one store in California. Since then, it has become the largest rent-to-own custom wheel and tire retailer in the nation with over 136 locations across 15 states. And we're in the Top 10 for tire retailers! Rent A Wheel/Rent-A-Tire was founded on the principle of providing the highest quality product and service at the lowest price. We offer payment choices like Early Purchase Option and our flexible Rent-To-Own option that lets you pick your payment. We work hard to give you choices that get you want you want at a price you can afford. Your wheels, your way!
- Verizon Wireless
- Utilities
-
99,999 SF
-
$9.99
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Potenza Automotive LLC | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Verizon Wireless | Utilities | 99,999 SF | $9.99 | - | Jan 0000 |
Walk Score®
Very Walkable (76)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
20,592
168,134
444,667
586,935
2029 Population
22,038
179,589
476,529
614,300
2024-2029 Projected Population Growth
7.0%
6.8%
7.2%
4.7%
Median Age
42.3
38.5
39.0
39.2
College Degree + Higher
21%
16%
17%
13%
Daytime Employees
6,135
79,722
328,864
414,551
Total Businesses
991
9,836
25,707
34,537
Average Household Income
$73,677
$60,056
$69,207
$80,897
Median Household Income
$54,304
$43,595
$48,840
$60,176
Total Consumer Spending
$235.3M
$1.6B
$4.6B
$6.2B
2024 Households
8,456
67,768
177,657
231,606
Average Home Value
$364,361
$321,319
$355,870
$410,559
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 162-24-802-010 | Improvements Assessment | $215,009 |
| Land Assessment | $236,886 | Total Assessment | $451,895 |
PROPERTY TAXES
Parcel Number
162-24-802-010
Land Assessment
$236,886
Improvements Assessment
$215,009
Total Assessment
$451,895
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4845 S Pecos Rd
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