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Green Valley Grocery & Shell 8215 W Flamingo Rd 3,006 SF Retail Building Las Vegas, NV 89147 $5,017,233 CAD ($1,669.07 CAD/SF) 6.10% Cap Rate

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Investment Highlights

  • Proven Long Term NNN Corp. Lease by Green Valley Grocery/ Gas Station - Open Since 2000
  • Dominant Gas/C Store Brand in Vegas - Strong Corp Guaranteed - 87+ Locations in S. Nevada
  • #1 Ranked Tourist Destination/Most Popular in the World (47M+) - Tremendous Population Growth
  • Prominent Signalized Hard Corner - Dense Residential Corridor - Near Spring Valley High School
  • 10% Bumps Every 5 Yrs. Including Options - Zero Landlord Duties -Accelerated Depreciation Asset
  • RARE Retail NNN Property w/ Gaming License Entitlements/Machines – Recession-Proof Tenant Use

Executive Summary

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the single-tenant NNN-leased Green Valley Grocery in Las Vegas, NV. Green Valley Grocery operates over 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, 3+ years remaining in the primary term, two 5-year option periods, and 10% rent increases every 5 years, this asset is ideal for an investor seeking passive cash flow in an income-tax-free state.
The 3,006 SF C-store with 8 fuel pumps, which qualifies for accelerated depreciation, is positioned on the hard-corner, signalized intersection of S Cimarron Road and W Flamingo Road (31,400+ VPD) and is within 2 miles of Clark County Road 215 (over 64,000 VPD). Numerous national retailers surround the subject property, including Albertsons, Cardenas Markets, Walgreens, Chase Bank, AutoZone, 7-Eleven, McDonald’s, Starbucks, Dunkin’, Jack in the Box, Taco Bell, Arby’s, and Wendy’s.
This is a great opportunity to purchase a NNN-leased gas station in Las Vegas with a well-established operator, minimal landlord responsibilities, and strong history, providing effortless income for years to come.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,006 SF
Building Class
B
Year Built
2000
Price
$5,017,233 CAD
Price Per SF
$1,669.07 CAD
Cap Rate
6.10%
NOI
$306,109 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.92 AC
Zoning
C-2
Parking
17 Spaces (5.66 Spaces per 1,000 SF Leased)
Frontage
256’ on Cimarron Rd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

Nearby Major Retailers

Body & Brain
Starbucks
Albertsons
Cardenas
Chase Bank
Island Pacific Supermarket
Salad and Go

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 163-21-119-004
  • 163-21-101-032
Land Assessment
$459,315 CAD
Improvements Assessment
$316,466 CAD
Total Assessment
$775,782 CAD
  • Listing ID: 39334620

  • Date on Market: 2026-02-05

  • Last Updated:

  • Address: 8215 W Flamingo Rd, Las Vegas, NV 89147

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