76 Gas - Net Lease Property for Sale
Las Vegas, NV
Key Investment Metrics
Price
$7,450,000
Cap Rate
5.8%
Net Operating Income
$432,000
Building Size
3192 SF
Lot Size
3,192 SF
Land Area
1.16 Acres
Remaining Term
17 years
Lease Expiration
12/31/2042
Lease Term
20 years
Lease Commencement
12/22/2022
Lease Type
Absolute NNN
Year Built
2019
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This 76 Gas Net Lease Property
This 76 Gas NNN (triple net lease) property is located in Las Vegas, NV and represents an excellent investment opportunity for commercial real estate investors. The property features 3192 square feet of building space and was built in 2019.
With a cap rate of 5.8%, this 76 Gas net lease property offers stable income potential. The asking price is $7,450,000, making it an attractive option for 1031 exchange investors seeking quality 76 Gas commercial properties.
Why Invest in 76 Gas NNN Properties?
- Stable Income: 76 Gas net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: 76 Gas is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Las Vegas, NV Market Overview
Located in Las Vegas, NV, this 76 Gas property benefits from strong local demographics and market fundamentals. The Las Vegas area offers excellent visibility and accessibility, making it an ideal location for 76 Gas operations and a solid investment for net lease property buyers.