5330 West Charleston Boulevard Retail
  • Asking Price
    $2.6MAsking Price
  • Cap Rate
    5.75%Cap Rate
  • Price/SF
    $717.32Price/SF
  • Gross Leasable Area
    3,626 SFGross Leasable Area
  • Traffic Count
    28952Traffic Count
  • NOI
    $150KNOI

Description

USA Auto Service is a retail investment at 5330 West Charleston Boulevard in Las Vegas, NV. The 3,626 SF building is fully occupied under an absolute net lease, pairing a dedicated automotive service property with a defined income stream.

Built in 2026 on 0.46 acres, the property places USA Auto Service in a purpose-built location with direct ingress and egress on West Charleston Boulevard. The lease has a 15-year, 3-month term and 3% annual rent increases in years 1 through 11. It is backed by a corporate guaranty from Auto Management Group, Inc. and a personal guaranty from the company’s founder. That structure puts the operator and the lease terms at the center of the investment.

At West Charleston Boulevard and Mohawk Street, the property fronts a road carrying 28,952 AADT. Nearby retailers include Walmart Supercenter, Lowe’s, ALDI and PetSmart, giving the location a recognizable commercial setting for customers. West Charleston Boulevard provides access toward Summerlin and Downtown Las Vegas, which is 5.4 miles from the property, as well as U.S. 95/I-11. For an automotive service tenant, the combination of road visibility, direct access and nearby retail anchors supports a convenient customer-facing location.

The asking price is $2,601,000, or $717.32 PSF. In-place NOI is $149,573 at a 5.75% in-place cap rate, with 15.25 years of WALT. The absolute net lease places property expenses and repair responsibilities with the tenant, keeping the buyer’s focus on the lease and guaranties rather than day-to-day property operations. Review the Offering Memorandum for the transaction details.

Offering Summary

  • Asking Price
    $2,601,000
  • Price PSF
    $717.32
  • Price/Unit
    $2,601,000
  • Price/Acre
    $5,654,348
  • Property Type
    Retail
  • Size
    3,626 SF
  • Available
    3,626 SF
  • Occupancy
    100%
  • Properties
    1
  • Built
    2026
  • Total Acres
    ~0.46 ac

Sale Details

  • Walt
    15.25 Years
  • Cap Rate
    5.75%
  • NOI
    $149,573
  • Stabilized Cap Rate
    5.75%
  • Stabilized NOI
    $149,573
  • In-Place Cap Rate
    5.75%
  • In-Place NOI
    $149,573
  • GRM
    17.39
  • In-Place Rents
    149,573

Documents

Property Address

5330 West Charleston Boulevard
Las Vegas, NV 89146

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2026
  • Lease Type
    Absolute Net
  • Gross Leasable Area
    3,626 SF
  • Traffic Count
    28,952 AADT
  • Acres
    0.46

Deal Team

Ryan Schulten profile image

Ryan Schulten

Partner
CP Partners