5730 South Jones Boulevard

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5730 South Jones Boulevard

Las Vegas, NV 89118
Asking Price
$5.72M
Cap Rate
6.25%
Asset Type
Car Wash Retail
Class
Class B

What's Special

80+ Unit Tenant | Annual Increases | Eligible for Bonus Depreciation <ul><li>​<span style="color: rgba(0, 30, 69, 1)">Over 15 Years Remaining on Absolute Triple-Net (NNN) Lease - Newer 2020 Construction</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Annual Rental Increases with Multiple Renewal Options</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">LUV Car Wash has Over 80 Locations Across California, Nevada, Florida, Georgia, and Pennsylvania</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Densely-Populated Trade Area Near the Las Vegas

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NOI
$80,000
Cap Rate
1.40%
DSCR
0.24
Underwater
Cash-on-Cash
-15.13%
Monthly Payment
$28,315.825
Annual Cash Flow
$-259,789.9

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