Description

The Snyder Carlton National Net Lease Team is pleased to present an opportunity to acquire a single-tenant, NNN-leased Green Valley Grocery in Las Vegas, Nevada. The tenant operates more than 80 service stations across Southern Nevada and was acquired by Anabi Oil in 2025, the largest Shell-branded fuel distributor in California. With over 25 years of successful occupancy, more than three years remaining on the current lease term, two additional five-year renewal options, and 10% rent escalations every five years, the asset offers a stable, passive income stream in a state with no income tax. The property consists of a 3,006-square-foot convenience store with eight fuel pumps, eligible for accelerated depreciation. It is prominently located at the signalized, hard-corner intersection of South Cimarron Road and West Flamingo Road, which sees traffic counts exceeding 31,400 vehicles per day, and is within two miles of Clark County Road 215, with over 64,000 vehicles per day. The site is surrounded by a strong mix of national retailers, driving consistent consumer traffic. This investment presents an attractive opportunity to acquire a well-located, NNN-leased gas station with an established operator, minimal landlord responsibilities, and dependable long-term income.