Jiffy Lube | Top 5 in MSA 5475 Camino Al Norte St 2,566 SF Retail Building North Las Vegas, NV 89031 $2,610,000 ($1,017.15/SF) 5.35% Cap Rate

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net, single-tenant Jiffy Lube investment located at 5475 Camino Al Norte in Las Vegas, Nevada. The Tenant extended the lease for 15 years in 2021, underscoring its long-term commitment to the site and serving as a clear testament to the strength of the location. The property is leased to Jiffy Lube, an established, nationally recognized quick-lube brand with durable demand drivers supported by recurring vehicle maintenance needs.
Positioned along Camino Al Norte, the site benefits from strong daily traffic, six (6) ingress/egress points, and surrounding residential density that consistently supports service-oriented retail. The building’s layout and drive-in service bays provide functional utility for the Tenant and long-term real estate relevance in a market with sustained population and employment growth. The property is shadow-anchored by a Smith’s grocery center with a strong mix of national retailers, and the Tenant benefits from limited immediate competition and high barriers to entry in the surrounding trade area.