4825 Smoke Rnch Rd Las Vegas, NV 89108-3585

This exceptional investment opportunity presents a 2,000 square foot freestanding auto shop in Las Vegas, Nevada, currently leased to USA Auto Service under a 10-year absolute NNN lease. The property boasts a 6.75% cap rate with a strong net operating income (NOI) of $123,600. The lease includes a 3% annual rent increase, eliminating landlord responsibilities for expenses and maintenance. The tenant, Auto Management, Inc., has demonstrated significant growth, experiencing a 54.62% revenue increase since 2019, and the lease includes a personal guarantee from the company founder. The property, situated on a 0.45-acre lot, features 26 parking spaces and underwent extensive renovations in 2023, including new flooring, signage, HVAC systems, auto lifts, and a complete interior repaint. USA Auto Service operates 21 locations exclusively in Las Vegas, with four more in development, showcasing a proven business model. The property benefits from its strategic location near major developments like Hylo Park and NLV Gateway Village, surrounded by significant traffic drivers such as Walmart, Smart & Final, McDonald's, and 7-Eleven. The lease features two, five-year renewal options. This is a rare opportunity to acquire a stable, high-performing asset with significant upside potential in a rapidly growing market.