7941 Decatur BlvdLas Vegas, NV 89131

For Sale
$4,736,842

High-growth Las Vegas 7-Eleven, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a brand-new, 4,600-square-foot 7-Eleven gas station and convenience store in North Las Vegas, Nevada. Built in 2024, this Class A property boasts a 20-year absolute NNN ground lease with a credit-rated tenant, eliminating landlord responsibilities. The property sits on a 1.02-acre lot in a prime location at a signalized intersection with 14,535 vehicles per day, offering excellent visibility and exposure. The strategic positioning at the main entrance to the Valley Vista Master Planned Community, a 2,600-acre development by D.R. Horton featuring 4,100 new homes and numerous amenities, ensures a robust and growing customer base. With an average household income within one mile exceeding $117,440, this affluent trade area presents significant upside potential. The property's high barriers to entry are further enhanced by the lack of competing gas stations within a half-mile radius. The asking price is $4,736,842, representing a compelling $1,029.75 per square foot and a 4.75% cap rate on a $225,000 net operating income (NOI). The property is zoned C-1 MPC (Master Plan Community Neighborhood Commercial) and enjoys 100% occupancy. This is a rare opportunity to acquire a high-performing, low-maintenance asset in one of the nation's fastest-growing markets. The nearest competitor is ranked in the top 98th percentile in Nevada for visits, according to Placer AI, highlighting the exceptional location and potential for continued success.

Highlights

  • New 7-Eleven building with a 20-year, triple-net (NNN) ground lease; no landlord responsibilities.
  • Located at the main entrance to the new Valley Vista master-planned community (4,100 homes) developed by D.R. Horton.
  • High-income trade area; average household income within one mile is $117,440.
  • High barriers to entry due to Valley Vista's size (2,600 acres) and amenities (21 communities, three parks, walking/biking paths).
  • Excellent visibility and access; situated at a signalized intersection with 14,535 vehicles per day (VPD).
  • No competing gas stations at the intersection; nearest competitor is 0.5 miles away.

Property Details for 7941 Decatur Blvd

Property type
Other retail properties, Restaurants
Square Feet
4,600 SF
Class
A
Year Built
2024
Lot Size (sq. ft)
44,431 SF

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.3656399
Longitude
-115.2244853
7941 Decatur Blvd, Las Vegas, Nevada

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7941 Decatur Blvd
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