3206 N Las Vegas Blvd - Automotive Investment Sale
Turnkey net lease investment on N. Las Vegas Boulevard featuring a 3,000 SF automotive service facility fully leased to Desert Towing through November 2030. Offered at $1,399,000 at a 5.37% cap ($75,143 NOI) on a five-year triple-net lease with 3% annual rent increases, commencing at $6,500 per month.
Desert Towing, a well-established automotive service provider in the greater Las Vegas area, operates the property under a fully triple-net lease structure, handling all property taxes, insurance, and maintenance. The tenant's responsibility for these costs provides a low-management, passive income stream for the owner. The lease commenced in October 2025 and runs through November 2030, with annual rent escalations of 3%.
Built as a turnkey operation, the 3,000 SF building includes three service bays, two vehicle lifts, a fully fenced and secure yard, automatic blinds and shutters, 24-hour access, and prominent on-site signage. The property sits on a 0.37-acre parcel zoned CG (Commercial General) in Clark County, accommodating a broad range of commercial uses. Located at the signalized intersection of N. Las Vegas Boulevard and Pecos Road, the asset commands excellent visibility and traffic exposure. The surrounding area is anchored by major demand drivers including Walmart Distribution, Amazon, the Las Vegas Metropolitan Police Department, and Nellis Air Force Base, with nearby industrial, retail, and residential developments.
- 5-year triple-net lease through November 2030; tenant handles all taxes, insurance, and maintenance
- 3% annual rent increases; base rent $6,500/month
- Three-bay garage with two vehicle lifts and three service bays
- Signalized corner location on N. Las Vegas Boulevard with excellent visibility
- Anchored by Walmart Distribution, Amazon, LVMPD, and Nellis Air Force Base proximity
More property details
Location
This turnkey net lease investment opportunity is located on N. Las Vegas Blvd. in North Las Vegas and features a ±3,000 SF building situated on a ±0.37-acre site. The property is fully leased to Desert Towing, a well-established automotive service provider serving the greater Las Vegas area, under a 5-year triple-net (NNN) lease that commenced in October 2025 and extends through November 2030. The lease includes 3% annual rent increases, beginning with a base rent of $6,500 per month, while the tenant is responsible for all property taxes, insurance, and maintenance, providing a low-management investment for the owner. The building includes a three-bay garage with two vehicle lifts, three individual service bays, a fully fenced and secure yard, automatic blinds and shutters, 24-hour access, and prominent on-site signage. Zoned CG (Commercial General) in Clark County, the property accommodates a broad range of commercial uses beyond automotive services. Strategically positioned at the signalized intersection of N. Las Vegas Blvd. and Pecos Rd., the asset enjoys excellent visibility and is surrounded by major industrial, retail, and residential developments, with nearby demand drivers including Walmart Distribution, Amazon, the Las Vegas Metropolitan Police Department, and Nellis Air Force Base.