Monday, January 5, 2015

100% Absolute NNN | Green Valley Grocery | Las Vegas NV

Investment Highlights

Price: $1,885,000 - CAP: 6.75%

  • Single Tenant 100% Absolute NNN Lease
  • Long term (10 years) remaining on lease
  • Corporate guaranty from parent company
  • Extremely rare annual 3.0% rental increases
  • Tenant has occupied this location for nearly 30 years
  • Tenant will soon be modernizing c-store and resurfacing parking lot
  • Tenant dominates the LV market with 52 locations and 385 employees

Additional Tags:
Triple Net Property, Grocery, Single Tenant, Convenience Store, off market nnn, Gas Station, real estate, Las Vegas, 1031 Exchange, Shell

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