New NNN Automotive
For Sale
Contact for pricing
601 Whitney Ranch Dr, Henderson, NV 89014
Recently opened oil-change center leased on an absolute NNN structure with extended renewal options.
Property SizeContact for details
Days on Market143
Property Features for 601 Whitney Ranch Dr
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
32,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2023
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 4:00PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple investment includes the land and building occupied by a newly constructed Take 5 Oil Change service center. The store opened in Q4 of 2023 and operates under an absolute NNN lease with a 15-year initial term, three 5-year extension options, and 10% rent increases every 5 years during the initial term and each option period. The structure places zero landlord responsibilities on the owner.
The property sits near the signalized intersection of W. Sunset Rd. and Whitney Ranch Dr., where combined traffic is 32,500 VPD. Direct access to Interstate 515 ramps supports connectivity to a corridor averaging over 134,000 vehicles per day. Nearby retail includes Galleria at Sunset, a 1,080,000-square-foot regional mall, along with Walmart Supercenter, Costco, Target, Home Depot, Lowe’s, Chick-fil-A, Starbucks, and other national tenants.
The surrounding 5-mile trade area includes more than 337,000 residents and 135,000 employees, with an average household income of $97,445.
The property sits near the signalized intersection of W. Sunset Rd. and Whitney Ranch Dr., where combined traffic is 32,500 VPD. Direct access to Interstate 515 ramps supports connectivity to a corridor averaging over 134,000 vehicles per day. Nearby retail includes Galleria at Sunset, a 1,080,000-square-foot regional mall, along with Walmart Supercenter, Costco, Target, Home Depot, Lowe’s, Chick-fil-A, Starbucks, and other national tenants.
The surrounding 5-mile trade area includes more than 337,000 residents and 135,000 employees, with an average household income of $97,445.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- 15‑year initial lease term with 3 (5‑year) extension options
- 10% rent increases every 5 years during the initial term and option periods
Property Analytics
Property Profile
Current Use
Lease Details
32,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,564
Businesses Nearby
499k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Apparel 24%
Dining 13%
Home Improvements & Furnishings 7%
Hobby Lobby
Shops & Services
63,073 visits/mo
0.4 miles
Ross Dress for Less
Apparel
50,842 visits/mo
0.4 miles
Michaels
Shops & Services
49,238 visits/mo
0.4 miles
Barnes & Noble
Shops & Services
42,449 visits/mo
0.3 miles
Golden Corral
Dining
31,529 visits/mo
0.3 miles
Demographics for 89014, NV
40,761
Population
18,062
Households
2.3
Avg Household Size
38
Median Age
29%
College-Educated
94%
High-School Grad
7.6 sq mi
ZIP Area
5,363
Density / Sq Mi
$73,130
Median Household Income
$46,101
Median Earnings
$1,629
Median Rent
$415,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Recently opened oil-change center leased on an absolute NNN structure with extended renewal options.
Where is this nnn property located?
The property is located at 601 Whitney Ranch Dr Henderson, NV.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; 15‑year initial lease term with 3 (5‑year) extension options; 10% rent increases every 5 years during the initial term and option periods
