2439 Decatur Blvd Las Vegas, NV 89108-2907

This exceptional investment opportunity presents a well-established auto repair shop in Las Vegas, Nevada. The property, located at 2439 N Decatur Blvd, boasts 2,880 square feet on a 0.25-acre lot, zoned C-1. The building, constructed in 1994, is a two-story Class B structure with a single tenant currently enjoying 100% occupancy until April 30, 2024. The property features four repair bays, a secure rear yard, a standard office, reception area, and bathroom. High ceilings in the bay area and up-to-date equipment are key features. This family-run business, operating for over 30 years, offers a compelling value-add investment opportunity. The asking price is $1,350,000, representing a price per square foot of $468.75 and a land value of $468.62/SF. The property's strong performance is reflected in its attractive 6.22% cap rate. The net lease structure provides a straightforward investment with minimal management responsibilities. This turnkey operation presents a rare chance to acquire a profitable business and valuable real estate in a desirable Las Vegas location. The property's parcel number is 138-13-801-082.