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774 & 734 N. Nellis Blvd 2 Retail Properties Offered at $4,366,112 CAD in Las Vegas, NV
Executive Summary
The Cambridge Group Ltd. is pleased to present the standalone building at 774 N. Nellis Blvd Las Vegas, NV & a ground lease at 734 N. Nellis Blvd Las Vegas, NV.
Strategically located along N. Nellis Boulevard, a well-traveled arterial in East Las Vegas with daily traffic counts in excess of 21,000. The properties are situated on separate parcels and are fully occupied by two established tenants, providing stable, diversified income.
The 774 N. Nellis Boulevard building is leased to Pep Boys, a nationally recognized automotive service and retail brand with a long operating history and strong consumer presence. The second building at 734 N. Nellis Boulevard is occupied by a local Mexican restaurant with a drive-thru, serving the surrounding residential and commercial community.
Landlord Responsibilities:
774 N Nellis: Roof, Foundation, Exterior Walls, Structural Portions, and General utility systems
734 N Nellis (Ground Lease): HVAC replacement is 50/50
Strategically located along N. Nellis Boulevard, a well-traveled arterial in East Las Vegas with daily traffic counts in excess of 21,000. The properties are situated on separate parcels and are fully occupied by two established tenants, providing stable, diversified income.
The 774 N. Nellis Boulevard building is leased to Pep Boys, a nationally recognized automotive service and retail brand with a long operating history and strong consumer presence. The second building at 734 N. Nellis Boulevard is occupied by a local Mexican restaurant with a drive-thru, serving the surrounding residential and commercial community.
Landlord Responsibilities:
774 N Nellis: Roof, Foundation, Exterior Walls, Structural Portions, and General utility systems
734 N Nellis (Ground Lease): HVAC replacement is 50/50
Property Facts
| Price | $4,366,112 CAD | Number of Properties | 2 |
| Price / SF | $656.85 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.76% | Total Building Size | 6,647 SF |
| Sale Type | Investment | Total Land Area | 1.12 AC |
| Status | Active |
| Price | $4,366,112 CAD |
| Price / SF | $656.85 CAD / SF |
| Cap Rate | 5.76% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,647 SF |
| Total Land Area | 1.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Pep Boys
774 N Nellis Blvd, Las Vegas, NV 89110 |
Retail | 3,800 SF | 2004 | - |
| 734 N Nellis Blvd, Las Vegas, NV 89110 | Retail | 2,847 SF | 2004 | - |
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774 & 734 N. Nellis Blvd
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