1.888.963.9375
  Automotive-Properties.com
  • Home
  • Pricing
  • For Sale
    • Repair Garages
    • Automotive Business
    • Investment Opportunities
    • Salvage Yards
    • Development Opportunities
  • For Lease
    • Salvage Yards >
      • Woodstock, Ontario
    • Repair Shops >
      • Guelph, Ontario
  • For Sale by Owner
  • FAQ
  • Transactions
    • Wrecking Yards >
      • Delhi, Ontario
      • Georgian Bluffs, Ontario, Canada
      • Southwestern, Ontario
      • Woodstock, Ontario
      • Winnipeg, Manitoba, Canada
  • Blog
  • Home
  • Pricing
  • For Sale
    • Repair Garages
    • Automotive Business
    • Investment Opportunities
    • Salvage Yards
    • Development Opportunities
  • For Lease
    • Salvage Yards >
      • Woodstock, Ontario
    • Repair Shops >
      • Guelph, Ontario
  • For Sale by Owner
  • FAQ
  • Transactions
    • Wrecking Yards >
      • Delhi, Ontario
      • Georgian Bluffs, Ontario, Canada
      • Southwestern, Ontario
      • Woodstock, Ontario
      • Winnipeg, Manitoba, Canada
  • Blog

 4528 E. Lake Mead Blvd.
Las Vegas, Nevada, USA

Contact Listing Broker

For Sale 

 5 Bay Automotive Repair Garage - Investment Opportunity


Property Description:
Investment Overview:

The subject property is a single tenanted, investment NNN asset, secured by a current five (5) year lease.
Durango Llantera Auto Service has been an integral part of the Las Vegas community for over 15 years.
During this time they have built an excellent reputation based on their professionalism and outstanding customer service.
Highly visible corner lot located in the East Lake Mead Blvd. & Dolly Lane section of the city with 120 feet (+/-) of frontage.
The current tenant occupied repair garage offers a full range of automotive services including:
  • Automotive Maintenance, Tire Installation, Oil Changes and more.
Featuring an Auto Repair Garage totalling 6,000 sq. ft. (+/-) on 0.84 acres with 5 drive-in doors with the following:
  • Includes reception area for customers, private offices, stock room and two washrooms;
  • 5 - Grade Level, Drive-in Bay Doors;
  • Pylon Signage
  • Heating: Forced Air/Natural Gas
  • Alarm & Security Camera Systems
  • Fully fenced yard
Annual Property Taxes: TBD
Electrical Power: 200 Amp+
C2 - Commercial Zoning permits a wide variety of uses.
Outside storage uses permitted.
All licenses are current and in effect.
Perfect opportunity for Auto Repair, Tire Installation, Used Car Sales & Commercial / Re-Development users.
Potential to earn a high net income with a trusted and established automotive tenant.

Property Facts:
Municipal Address: 4528 E. Lake Mead Blvd., Las Vegas, Nevada
Year Built: 2000
Tenancy: Single
Lease Term: 5 Years
Remaining Term: 4.2 Years
Lease Commencement: 01/01/2021
Lease Expiration: 12/31/2026
Net Rentable: 6,000 square feet (+/-)
Price / Sq. Ft.: $266.67
NOI: $84,000.00
Cap Rate: 5.25% 
Sale Type: Investment.

Investment Highlights:
Long term stable tenant
Ideal opportunity to purchase and hold for future development.


Additional Notes:
**Please Do Not Go Direct. Do Not Disturb Tenant & Their Employees & Customers**

Allow ample time for showings

Property Documentation:
4528_e_lake_mead_marketing_flyer.pdf
File Size: 3792 kb
File Type: pdf
Download File


Sales Price: $1,600,000.00 USD*
Viewing: By Appointment Only​
​Buyer or Buyer's Real Estate Agent to verify all information and measurements in order to make an informed offer.​

For further details contact:

Jesse Chippoletti, Realtor
Keller Williams Realty Las Vegas

9420 W. Sahara Ave.
Suite 100
Las Vegas, Nevada
89117
Office: 702.212.2222  |  Direct: 702.445.9835
​NV Lic.#S.183946
Brokerage Website: 
www.kwlasvegas.com
Picture
The MOST Agent-Centric Real Estate Company 

Request More Information

Submit
​No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to error omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

Home
Our Services
For Sale
For Lease 
Past Transactions
Contact us
​

Private Policy

Terms of Service

Past Transactions

Contact

Copyright © 2016