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3206 N Las Vegas Blvd 3,000 SF Retail Building Las Vegas, NV 89115 $2,085,870 CAD ($695.29 CAD/SF) 5.01% Cap Rate
Investment Highlights
- NNN Leased Investment – Tenant responsible for taxes, insurance, and maintenance; minimal landlord obligations
- Secured & Equipped Lot – Fully fenced with automatic blinds/shutters, 24-hour access, AC, and on-site signage
- Strong In-Place Income – $6,500/month base rent with 3% annual escalations through November 2030
- Versatile Building Configuration – 3-bay garage with two car lifts + three additional garage spaces, ideal for auto service or repair users
- Walmart Distribution, Amazon, Nellis AFB, and LVMPD all within close proximity
Executive Summary
A turnkey NNN investment opportunity on N. Las Vegas Blvd. in North Las Vegas. The property consists of a ±3,000 SF building on a ±0.37-acre lot, currently leased to Desert Towing — an established automotive services operator serving the greater Las Vegas metro area.
The tenant is operating under a 5-year NNN lease executed October 2025, running through November 2030, with 3% annual rent escalations and a starting base rent of $6,500/month. All taxes, insurance, and maintenance obligations fall on the tenant, keeping landlord responsibilities minimal.
The building features a 3-bay garage with two car lifts, three separate garage spaces, a fully fenced and secured lot, automatic blinds and shutters, 24-hour access, and on-site signage. Zoned CG (Commercial General) under Clark County, the property supports a wide range of commercial uses beyond automotive.
Positioned at the signalized intersection of N. Las Vegas Blvd. and Pecos Rd., the site benefits from strong surrounding industrial, retail, and multifamily density. Neighboring tenants and demand drivers include Walmart Distribution, Amazon, the Las Vegas Metropolitan Police Department, and Nellis Air Force Base.
The tenant is operating under a 5-year NNN lease executed October 2025, running through November 2030, with 3% annual rent escalations and a starting base rent of $6,500/month. All taxes, insurance, and maintenance obligations fall on the tenant, keeping landlord responsibilities minimal.
The building features a 3-bay garage with two car lifts, three separate garage spaces, a fully fenced and secured lot, automatic blinds and shutters, 24-hour access, and on-site signage. Zoned CG (Commercial General) under Clark County, the property supports a wide range of commercial uses beyond automotive.
Positioned at the signalized intersection of N. Las Vegas Blvd. and Pecos Rd., the site benefits from strong surrounding industrial, retail, and multifamily density. Neighboring tenants and demand drivers include Walmart Distribution, Amazon, the Las Vegas Metropolitan Police Department, and Nellis Air Force Base.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built
1954
Price
$2,085,870 CAD
Price Per SF
$695.29 CAD
Cap Rate
5.01%
NOI
$104,502 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.37 AC
Zoning
CG, Clark County - Commercial General (CG)
Parking
50 Spaces (16.67 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Fenced Lot
- Security System
- Signage
- Storage Space
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Amazing Towing 702
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Amazing Towing 702 | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140-18-102-008 | Improvements Assessment | $28,789 CAD |
| Land Assessment | $64,820 CAD | Total Assessment | $93,609 CAD |
Property Taxes
Parcel Number
140-18-102-008
Land Assessment
$64,820 CAD
Improvements Assessment
$28,789 CAD
Total Assessment
$93,609 CAD
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3206 N Las Vegas Blvd
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