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ARCO AM/PM 551 N Lamb Blvd 2,497 SF 100% Leased Retail Building Las Vegas, NV 89110 $8,872,155 CAD ($3,553.13 CAD/SF)

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Investment Highlights

  • Buy the business and the land or buy the business and lease the land.
  • Traffic Light at corner of intersection
  • The Lamb location is the company’s top bulk propane location, selling 30,000+ gallons annually

Executive Summary

Lamb (551 N. Lamb Blvd, Las Vegas, NV 89110) is a top-tier, recently upgraded c-store/fuel asset and
the home store for our training program.
The property features a state-of-the-art security system with night locks and controlled entry, upgraded
kitchen equipment, and meaningful recent capex including new fountain machines, bean-to-cup coffee, and a
rebuilt walk-in cooler and condiment station. New canopies over both of the fuel pump islands were installed
in early 2025, complementing a new roof (2022) and new A/C (2024).
The site has a strong operating profile, generating $1,067,744.79 total profit (fuel + inside) in 2023 and
$956,052.79 in 2024; 2025 YTD (through 12/18/2025) total profit is $881,731.25. Fuel volumes remain
robust at 1,766,841 gallons (2023), 1,743,275 gallons (2024), and 1,583,584 gallons YTD 2025, with
improving fuel margin per gallon in 2025 versus 2024. In 2025, a nine-month construction project on Lamb
and then Bonanza created access constraints for much of the year.
Additionally, a new competitor opened within 0.25 miles and an adjacent Dollar General has pressured inside sales; however, the store’s 24-hour
operation remains a key differentiator for the neighborhood—providing reliable, immediate access to
essentials such as children’s fever medication, baby formula, and other urgent items within a short walk.
The Lamb location is the company’s top bulk propane location, selling 30,000+ gallons annually at an
estimated ~99% margin under a five-year Patriot Energy contract.
The property also offers ample room for an automated carwash at the hard-corner Bonanza & Lamb location,
providing a clear, high-impact value-add opportunity.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Service Station
Building Size
2,497 SF
Building Class
C
Year Built
1986
Price
$8,872,155 CAD
Price Per SF
$3,553.13 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.69 AC
Zoning
C1 - 40.358 - General Commercial. Retail Stores and Shops 0.69 Acres Original Const. Year 1986
Parking
16 Spaces (6.41 Spaces per 1,000 SF Leased)
Frontage
175’ on Bonanza Rd.

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Cardenas
Dotty's
Starbucks
Green Valley Grocery
Eos Fitness
Smith's
Teriyaki Madness
Grocery Outlet

Property Taxes

Property Taxes

Parcel Number
140-31-501-013
Land Assessment
$228,116 CAD
Improvements Assessment
$186,886 CAD
Total Assessment
$415,002 CAD
  • Listing ID: 39388834

  • Date on Market: 2026-02-10

  • Last Updated:

  • Address: 551 N Lamb Blvd, Las Vegas, NV 89110

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