2110 N Carson ST Active Save Request In-Person Tour Request Virtual Tour
Outside California,CA 89706
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225116367
Year Built 2022
Lot Size 0.791 Acres
Property Sub-Type Retail
Property Description
Sierra Express Car Wash presents an exceptional opportunity to acquire a newly constructed, absolute NNN-leased investment in the heart of Carson City, Nevada. The property is leased to Sierra Express Car Wash, a brand operated by the rapidly expanding Raceway Express Car Wash Company, which boasts a growing portfolio of over 45 locations throughout the Southwest. The site, constructed in 2022, features a modern 2,890 SF building on a 0.79-acre parcel with excellent frontage along North Carson Street, a major commercial corridor with strong traffic counts. The lease commenced on December 31, 2022, and offers 20 years of primary term with 1.5% annual rent increases and five (5) 5-year renewal options, also with annual escalationsproviding reliable income growth and long-term stability. The lease is structured as Absolute Triple Net (NNN), meaning the tenant is responsible for all expenses, including real estate taxes, insurance, utilities, repairs, roof, and structure, offering zero landlord responsibilities. With passive, inflation-hedged income backed by a seasoned operator and strong real estate fundamentals, Sierra Express Car Wash is an ideal asset for investors seeking a stable, low-risk, long-term hold with potential for tax depreciation.
Location
State CA
County Outside California
Area Out Of California
Interior
Heating No Heat
Cooling Other
Flooring Concrete
Exterior
Parking Features Visitor
Utilities Available Other
Roof Type Metal
Building
Sewer Public Sewer
Water Water District,Public
Others
Special Listing Condition None