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For Sale

Roam 'n Stop

10130 S Rainbow Blvd,
Las Vegas, NV 89139

Asset Snapshot

$344,893
NOI
2021
Year Built
100%
Occupancy

Offering Summary

Investment Overview

For Sale


Investment Highlights

  • LONG TERM LEASE - 16+ years remaining on the initial term of the lease, 2% Annual Rental Increases, followed by Four, 5-year options, also featuring rent increases.
  • EXCELLENT LOCATION - Well-located asset within the growing Las Vegas MSA. High visibility and great site design to maximize tenant exposure. Positioned near more than 70 major neighboring National Retailers including Walmart, Smith's, Public Storage, Subway, McDonald's, Smoothie King, Denny's, and Walgreens.
  • BONUS DEPRECIATION BENEFIT – Fee simple ownership of this gas and convenience store asset qualifies for accelerated bonus
  • depreciation strategies, offering significant tax-advantaged benefits to investors (consult with CPA/Tax Attorney).
  • NEW DEVELOPMENT - New retail developments including Child Learning Center and Fast Food coming to the area.
  • TAX-FREE STATE - Nevada is one of nine states with no state income tax.
  • EXCELLENT DEMOGRAPHICS - Surrounding density of over 200,000 residents within a 5-mile radius and projected 5-year population growth of 12.4%.
  • STRONG GUARANTEE - Personal guarantor with net worth ±$70M.
  • RECENTLY BUILT - Newly constructed property in 2021.
  • ABSOLUTE NNN LEASE - Zero Landlord Responsibilities. Ideal for Investors not Local to the Market or looking for a "hands off" investment.

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Listing Syndicated From

Buildout
For Sale
$5,390,000
Asking Price