Log In/Sign Up
Your email has been sent.
7-Eleven | 9+yrs Corp Abs NNN w/ Incrs 529 E Lone Mountain Rd 2,940 SF Retail Building North Las Vegas, NV 89081 $4,536,000 ($1,542.86/SF) 4.85% Cap Rate
Investment Highlights
- Over 9 Years Remaining | Corporate Signed Lease (S&P: A-) | Options To Extend | Scheduled Rental Increases
- Hard Corner Intersection | High Traffic Area | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In The Immediate Trade Area
Executive Summary
• 7-Eleven corporate-signed lease (S&P: A-)
• Over 9 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• 7-Eleven is the largest c-store and gas station brand in North America with over 13,000 locations across the United States and Canada
• The property may qualify for bonus depreciation (consult a tax advisor)
• Over 9 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• 7-Eleven is the largest c-store and gas station brand in North America with over 13,000 locations across the United States and Canada
• The property may qualify for bonus depreciation (consult a tax advisor)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,940 SF
Building Class
B
Year Built
2020
Price
$4,536,000
Price Per SF
$1,542.86
Cap Rate
4.85%
NOI
$220,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.99 AC
Zoning
C-1 - Neighborhood Commercial
Parking
18 Spaces (6.12 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
7-Eleven began in 1927 as the Southland Ice Company in Dallas and later grew into the 7-Eleven convenience brand. The company operates convenience retail stores and a franchise system, with banners and brands that include Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken & Biscuits, while also offering signature food and drink items such as Slurpee and Big Gulp beverages. 7-Eleven continues as a global convenience retailer and remains focused on fast, everyday shopping across a wide network of stores.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 139-02-101-001 | Improvements Assessment | $385,076 |
| Land Assessment | $224,137 | Total Assessment | $609,213 |
Property Taxes
Parcel Number
139-02-101-001
Land Assessment
$224,137
Improvements Assessment
$385,076
Total Assessment
$609,213
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
