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Absolute NNN-Leased Property

5350 W Charleston Blvd Las, Las Vegas, NV 89146

For Sale
$12,438,000

A 20-year absolute net lease includes annual rent increases and places maintenance and expense obligations with the tenant.

Property Size4,300 SF
Days on Market50

Property Features for 5350 W Charleston Blvd Las

General Information

Standard status Active
Size 4,300 SF
Property subtype Retail

Building Details

Building Size 4,300 SF
Year Built 2026
Tenancy Single
Listing Agency: CP Partners
Listed By: Ryan Schulten · License CA #02136546
Source: Cppcre
Added: Sep 26 Changed: Nov 6 Last Checked: Nov 14 at 2:41AM

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 CP Partners

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Investment Insights

Based on property information with market context.

At 5350 W Charleston Blvd, the property is a 2026-built asset leased to LV Petroleum LLC, an operator of convenience stores, travel centers and quick-service restaurants. The lease has a 20-year term, is structured as absolute NNN, and provides for 3% annual rental increases. A personal guaranty from the company’s founder is also included.

The property is on Charleston Boulevard, described as a major east-west arterial in Las Vegas. A road expansion is underway, with planned traffic signals and roadway improvements. The surrounding trade area has 484,000 residents within a 5-mile radius, and nearby national retailers include Walmart, Lowe’s, ALDI, PetSmart and Big 5.

LV Petroleum LLC has more than 12 years of operating history and operates travel centers, convenience stores and quick-service restaurants across 17 states. Its portfolio includes fuel and travel-center brands such as Conoco, 76, Phillips 66, TravelCenters of America and TA Express, as well as restaurant brands including Taco Bell, Starbucks, Wendy’s and Dunkin’.

Key Highlights

  • 20‑year absolute NNN lease with 3% annual rental increases
  • Tenant is LV Petroleum LLC, an operator with more than 12 years of operating history
  • Personal guaranty from the company’s founder

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,462
Businesses Nearby

Demographics for 89146, NV

19,777
Population
8,385
Households
2.4
Avg Household Size
40
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,120
Density / Sq Mi
$64,330
Median Household Income
$38,121
Median Earnings
$1,407
Median Rent
$432,700
Median Home Value

Market

Properties on Market for NNN properties in Las Vegas

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Las Vegas, NV

7.7% 2019
8.3% 2020
7.2% 2021
6.1% 2022
6% 2023
5.2% 2024
5.7% 2025

Frequently Asked Questions

What type of property is this?
NNN property - A 20-year absolute net lease includes annual rent increases and places maintenance and expense obligations with the tenant.
Where is this nnn property located?
The property is located at 5350 W Charleston Blvd Las Las Vegas, NV.
What is the asking price?
The asking price for this property is $12,438,000.
What are key features of this property?
This property features: 20‑year absolute NNN lease with 3% annual rental increases; Tenant is LV Petroleum LLC, an operator with more than 12 years of operating history; Personal guaranty from the company’s founder
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