5230 Blue Diamond Rd Las Vegas, NV

Listing office Colliers | Las Vegas Show Phone

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

Report an issue

---

Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $775,000

  4,492 SF

  Fourplex with Private Patios

  Four occupied units offer private outdoor space and garages, with recent updates including 2024 roof work and targeted unit improvements.

  2658 Karen Avenue, Las Vegas, NV 89121

  View Details
• 

  $800,000

  4,492 SF

  Rare El Sol Del Pueblo Quadplex

  Four-unit multifamily property with diverse layouts and community amenities.

  2894 Karen Avenue, Las Vegas, NV 89121

  View Details
• 

  $665,000

  3,720 SF

  Four-Unit Multifamily Building

  Four well-maintained units with existing occupancy and month-to-month tenancy for flexible leasing options.

  1721 Cordoba Lane, Las Vegas, NV 89108

  View Details
• 

  $689,000

  3,660 SF

  Updated 4-Plex with Private Balconies

  Updated 4-plex offering four 2-bedroom units, private balconies, and fenced side-yard access for residents.

  1711 Santa Paula Drive, Las Vegas, NV 89104

  View Details
• 

  $555,000

  3,212 SF

  Four-Unit Residential Income Property

  Four 2-bedroom, 1-bath units with in-unit laundry and recent updates in a planned community with pool and spa access.

  1872 Cosmic Drive, Las Vegas, NV 89115

  View Details
• 

  $950,000

  5,214 SF

  Fourplex Townhome-Style Income Property

  Townhome-style four-plex with private enclosed patios, attached 2-car garages, and a community pool and spa.

  4915 E Russell RD, Las Vegas, NV 89120

  View Details
• 

  $815,000

  3,976 SF

  Four-Plex Investment Property

  Well-maintained four-unit community with in-unit washer and dryer and HOA-managed exterior services for simplified operations.

  2201 James Bilbray Drive, Las Vegas, NV 89108

  View Details
• 

  $690,000

  4,072 SF

  Updated Quadplex with Parking

  Four updated 3-bedroom, 2-bath units with refreshed kitchens and bathrooms, plus abundant parking and a low-maintenance yard.

  6982 Hopkins Drive, Las Vegas, NV 89156

  View Details
• 

  $650,000

  3,290 SF

  Las Vegas Quadplex Investment Opportunity

  Well-maintained quadplex with remodeled units and strong rental potential.

  4796 Nova Lane, Las Vegas, NV 89115

  View Details
• 

  $565,000

  3,112 SF

  Fully Occupied Fourplex in Gated Community

  Fourplex with in-unit laundry and fireplaces, with HOA coverage for trash, sewage, roof, and exterior.

  4684 Krissylouise Way, Las Vegas, NV 89121

  View Details
• 

  $660,000

  3,196 SF

  Fourplex with Updated Interiors

  Fully occupied fourplex with updated kitchens and baths, on-site laundry support, and five parking spaces.

  1656 Stevens Street, Las Vegas, NV 89115

  View Details
• 

  $650,000

  3,290 SF

  Fourplex With Updated Two-Bed Units

  Well-maintained fourplex with four updated two-bedroom, one-bath units and private storage closets; no HOA.

  4961 Apollostar Court, Las Vegas, NV 89115

  View Details

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.