2110 Carson StCarson City, NV 89706

Property Details for 2110 Carson St

Year built

2022

Lot size

0.79 AC

Property size (Sq ft)

2,790 SF

Zone code

RC

Property type

Other commercial real estate

APN

001-032-04

APU

103204

Description

This exceptional investment opportunity presents a 2,890 square foot, single-tenant, absolute NNN leased car wash located at 2110 N Carson St, Carson City, NV 89706. The property, built in 2022, boasts a strong 5.99% cap rate and a substantial NOI of $221,498. Situated on a 0.79-acre lot in a prime retail corridor, the car wash benefits from high visibility and proximity to major retailers including McDonald's, CVS, Grocery Outlet, Anytime Fitness, and Wendy's, as well as the Carson City Airport (less than 3 miles away). The property features two wash lanes and ten vacuum stations. The current lease, with an established tenant, has 19.2 years remaining and includes annual rent bumps of 1.50%, ensuring consistent passive income growth. The tenant, Sierra Express Car Wash, is part of the expanding Raceway Express Car Wash group, operating 11 locations across Nevada and California. This car wash qualifies for bonus depreciation, offering additional tax advantages. The property's location on key transportation routes, I-580 and US 50, provides excellent access to Reno, Lake Tahoe, and other parts of Nevada and California, contributing to a growing market. The asking price is $3,700,000. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a thriving market.

Location Insight

City

Carson City

County

Carson City

State

Nevada

Latitude

39.1801

Longitude

-119.768

CBSA code

16180

CBSA name

CARSON CITY, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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