651 N Mccarran Blvd Sparks, NV 89431
For Sale
1 / 3
This exceptional investment opportunity presents a 2,489 square foot, single-tenant, absolute NNN leased Take 5 Oil Change property located at 651 N McCarran Blvd, Sparks, NV 89431. Situated on a 0.55-acre lot within a grocery-anchored shopping center, this property boasts a prime location along a vital regional thoroughfare at a bustling intersection. The building, constructed in 1987, is a single-story structure offering 100% occupancy with a strong, national tenant. The current lease features a remaining term of 15 years and includes built-in rent increases, ensuring consistent cash flow. The property generates a substantial net operating income (NOI) of $90,000, resulting in an attractive 5.56% cap rate. This represents a compelling investment in a thriving Sparks, Nevada market, benefiting from the state's tax-free status and a robust economy fueled by a growing tech sector. The property's absolute NNN lease structure minimizes landlord responsibilities, making it an ideal, low-maintenance investment. This is a rare opportunity to acquire a high-performing, established business in a desirable location with significant long-term growth potential. The asking price for this exceptional property is $1,620,000.
-
Take 5 Oil Change Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MUD · Sparks, NVSparks. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.