Roam 'n Stop

Las Vegas, NV founded in 1905 and incorporated in 1911, is located in the southern part of the state. The City currently occupies a land area of 133.2 square miles and. The City of Las Vegas is the largest city in Nevada with a population of 656,503 as of July 1, 2023. Las Vegas’ pioneering spirit, enterprising nature and can-do attitude are helping pave the road to economic recovery in Southern Nevada. Currently, gaming, tourism and educational instruction remain the leading areas of employment for Southern Nevadans. Las Vegas offers a market area of more than 51 million people within one day’s drive. It is a convenient Western U.S. location near other key high-tech markets such as Denver, Los Angeles, Phoenix, Salt Lake City, San Diego and San Francisco. It is home to Switch, the world’s largest and most powerful data center and technology ecosystem. Switch clients include Cisco, Dell, and eBay, Fox, MGM, Pixar and Sony. Switch recently unveiled plans to invest $2 billion in new infrastructure that will bolster the state’s growing tech industry, bridging Southern and Northern Nevada. Las Vegas’ McCarran International Airport is the seventh busiest airport in North America, according to Airports Council International. With more than 30 air carriers, McCarran provides nonstop service to domestic and worldwide destinations, helping quickly meet business needs. The primary drivers of the Las Vegas economy are tourism, gaming and conventions, which in turn feed the retail and restaurant industries. Las Vegas has 68 parks. The city owns the land for, but does not operate, four golf courses: Angel Park Golf Club, Desert Pines Golf Club, Durango Hills Golf Club and the Las Vegas Municipal Golf Course. It is also responsible for 123 playgrounds, 23 softball fields, 10 football fields, 44 soccer fields, 10 dog parks, six community centers, four senior centers, 109 skates parks, six swimming pools and more.We are pleased to present the opportunity to own a high performing roam 'n stop located in Las Vegas, Nevada. The property is encumbered with a 20-year Absolute NNN lease, leaving the landlord with zero responsibilities. There are currently 19+ years remaining on the current lease with Four, 5-year options left. The lease features 10% rental increases every 5 years, which continue through each option, to help hedge against inflation. This roam 'n stop is highly visible as it is strategically positioned in Las Vegas, Nevada. Las Vegas is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. With over 2.9 million visitors as of 2019, Las Vegas is the sixth-most visited city in the U.S., after New York City, Miami, Los Angeles, Orlando, and San Francisco. It is a top-three destination in the U.S. for business conventions and a global leader in the hospitality industry. The site takes advantage of high daily traffic counts of nearly 25,000 vehicles per day from S Rainbow Blvd and Mountain Edge Pkwy. Nationally recognized tenants such as Walmart, Meineke, Tractor Supply Co. AutoZone, Planet Fitness, Orangetheory, Albertsons, Pet Supplies Plus, McDonald's, Starbucks, Burger King, Taco Bell, and Domino's, all surround the Property, further driving consumers to the area. At roam ‘n stop we believe that travel should not simply be measured by steps from your front door, but rather by the experience of the journey. It is about embracing the spirit of curiosity and discovery wherever it may be. Whether you just roam around the corner or roam across the country, we are here to fulfill all your travel needs.