2300 Western Ave Las Vegas, NV 89102-4800

This exceptional investment opportunity presents a thriving multi-tenant retail complex in Las Vegas, Nevada. The property encompasses a newly renovated 3,915 square foot building on a 0.7-acre lot, featuring a brand-new 76-branded fueling station with eight dispensers providing three grades of gasoline, on-road and off-road diesel, DEF, and propane. Completed in 2024, the property also includes a newly constructed 1,670 square foot building with two roll-up doors, designed to accommodate additional automotive-related businesses. Four drive-thru bays are also available, ideal for quick-lube or similar operations. The property boasts five tenants with a 95% occupancy rate, generating a strong net operating income (NOI) of $822,000 and a 11.83% cap rate. Two dedicated food/coffee truck spaces are projected to yield an additional $7,000 per month in revenue. The property is zoned M (Industrial) within a Las Vegas redevelopment area, potentially eligible for city incentives. Built in 1965 with renovations completed in 2024, this Class B property is offered at $6,950,000. Owner will consider owner-will-carry financing, ground lease, or lease-to-own options. The 2024-2025 real estate taxes are $5,412.36. The property's prime location, just north of West Sahara Avenue, east of US I-15, and with frontage on two well-traveled streets, ensures high visibility and accessibility. Included in the sale are the point-of-sale system, shelves, pumps, general lube equipment, propane tanks, cash register, underground fuel tanks, compressor, trash cans, receptacles, and dumpsters.