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5230 Blue Diamond Rd Las Vegas, NV 89139

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For Sale
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NNN Circle K ground lease in Las Vegas for sale.

Property size:
5,187 SF
Lot size:
3.38 Acres

Property Features for 5230 Blue Diamond Rd

General Information

Size
5,187 SF
Lot size
3.38 Acres

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Listing Contact
Eric Carlton
Eric Carlton
Source: Moodyscre

Listing Agency: Colliers Listing Agent: Eric Carlton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Circle K Ground Lease Opportunity

This offering presents an opportunity to acquire a Circle K ground lease in Las Vegas, Nevada. The property features a 5,187-square-foot convenience store with 16 fuel pumps, situated on a 1.17-acre parcel. The lease is absolute NNN, offering zero landlord responsibilities. The primary lease term is 20 years, with over 17 years remaining, and includes six 5-year option periods. Rent increases by 5% every 5 years. The tenant has an investment grade credit rating (S&P: BBB+). The property is strategically located on the hard corner of Blue Diamond Road and Edmond Street, with a traffic count of 63,900 vehicles per day. It is also located within 2 miles of Interstate 15, which sees over 153,000 vehicles per day. The location is 1.2 miles from the Target and Kohl’s anchored Blue Diamond Crossing power center and 1.8 miles from Bass Pro Shops and the Silverton Casino Resort, which includes over 300 deluxe rooms and suites and a 90,000-square-foot casino. Nearby retailers include Albertson’s, Grocery Outlet, Bank of America, McDonald’s, In-N-Out, Starbucks, Chipotle, Panera Bread, and Jack in the Box.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Circle K Gas Station

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.215585
Latitude
36.030571

FAQs

What type of property is this?
Gas station - NNN Circle K ground lease in Las Vegas for sale.
Where is this gas station located?
The property is located at 5230 Blue Diamond Rd Las Vegas, NV.
What are key features of this property?
This property features: - Absolute NNN lease with Circle K, offering long-term passive income.; - Investment-grade credit tenant (S&P: BBB+) provides financial stability.; - Over 17 years remaining on the primary lease term, plus six 5-year option periods.
(949) 724-5561 Call to check price and availability
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