USA Auto Service

Investment Overview

A 15-year absolute net lease with above market 3% annual rental increases throughout a majority of the base term and options. The lease features a corporate guaranty from Auto Management Group, Inc. – an experienced operator in the automotive repair service industry that has experienced 54.62% revenue growth since 2019 – as well as a personal guaranty from the company’s founder. Strategically located along W Charleston Boulevard, the subject property benefits from direct ingress/egress on one of Las Vegas Valley’s primary east-west commercial thoroughfares, offering outstanding visibility, strong daily traffic, and convenient access to Summerlin, Downtown Las Vegas, U.S. 95/I-11, and the region’s major employment and retail destinations.

Investment Highlights

• Strong Lease Fundamentals: 15-year absolute net lease featuring above market 3% annual rental increases throughout a majority of the term
• Experienced Operator: Auto Management, Inc. has 30+ years of experience in the automotive repair industry (see below)
• Brand-New Building: 2026 construction to tenant’s latest prototype
• Ideal Location: W Charleston Blvd is one of Las Vegas’s major east/west arterials and is completing a major road expansion that will drive retailer demand to the area via boosted traffic counts, numerous new signals, and an easy-to-travel new road
• Long Operating History: In their 30+ years of existence, Auto Management, Inc. has developed and operated more than 100 stores across California, Arizona, Texas, and Nevada
• Local Recognition: Auto Management sold their out-of-state locations to focus exclusively on Nevada, now operating 21 stores with another 4 in development
• Dense Residential Trade Area: 484,000 residents within a 5-mile radius of the subject property
• Nearby Traffic Drivers: National tenants driving traffic to the trade area include Walmart, Lowe’s, ALDI, PetSmart, and Big 5