Listing Agency: Colliers International Las Vegas

Listed By: Daniel Gluhaich · License #NV 00963076 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 24 Last Checked: Sep 1 at 11:24AM

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Investment Insights

Based on property information with market context.

Offered for sale is a freestanding, single-tenant absolute NNN property with a 20-year lease term. The lease includes 2% rent escalations every year throughout the lease term and provides 2–5 year extension options. The building was remodeled in 2022 and totals approximately 1,904 square feet.

The property is located at 2424 E Russell Rd, Las Vegas, Nevada 89120 and sits on approximately 0.64 acres.

Key Highlights

• Freestanding single‑tenant absolute 20‑year NNN LV Petroleum lease
• Building remodeled in 2022
• ±1,904 SF on ±0.64 acres

Property Analytics

Property Profile

Current Use

Us Market Eastern Grocery & Convenience Store Alpha Electric Solar ... Corporate Office Conoco Gas Station

Suggested Use

Top Pick Law Firm Daycare Center Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

883

Businesses Nearby

Explore this area Business Placement

Demographics for 89120, NV

24,813

Population

9,861

Households

2.5

Avg Household Size

40

Median Age

26%

College-Educated

88%

High-School Grad

7.1 sq mi

ZIP Area

3,495

Density / Sq Mi

$75,813

Median Household Income

$38,774

Median Earnings

$1,467

Median Rent

$364,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - Remodeled 2022 freestanding single-tenant NNN property with annual 2% rent escalations and extension options.

Where is this nnn property located?

The property is located at 2424 E Russell Rd Las Vegas, NV.

What are key features of this property?

This property features: Freestanding single‑tenant absolute 20‑year NNN LV Petroleum lease; Building remodeled in 2022; ±1,904 SF on ±0.64 acres