5230 Blue Diamond Rd Las Vegas, NV
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NNN Circle K ground lease in Las Vegas for sale.
Type:RETAIL
Property size:
5,187 SFLot size:
3.38 AcresPrice / SF:
$861/SF- Added:
- Jul 4, 2025
- Days on Market:
- 298
- Last Refresh:
- Apr 5 at 10:41 pm
Property Features for 5230 Blue Diamond Rd
General Information
- Standard status
- Active
- Size
- 5,187 SF
- Lot size
- 3.38 Acres
- Property subtype
- RETAIL
Listing agent David Grant License #01809955
Listing office Colliers | Las Vegas (702) 735-5700
Listing date Jul 4, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Las Vegas
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
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.216
- Latitude
- 36.0306
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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 is the asking price?
The asking price for this property is $4,470,000.
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.
