202 Main St Yerington, NV 89447

This exceptional Class A, single-tenant gas station and convenience store presents a compelling value-add investment opportunity. Located at 202 N Main St, Yerington, NV 89447, this property boasts 2,501 square feet on a 0.34-acre lot with 8 parking spaces. Built in 1988, the property features a 100% occupancy rate with a strong, long-term lease (over 6 years remaining) featuring a 2% annual rent increase. The Net Lease (NNN) structure ensures minimal landlord responsibilities. The current annual Net Operating Income (NOI) is $121,228.15, resulting in a 10.55% capitalization rate. The asking price is $1,149,000 ($459.42/sq ft). The property benefits from high visibility and easy access on Main Street, and is zoned for Commercial Multi-Use. The tenant, Jackson Food Stores, provides a strong guarantee. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location. The property's former use as a Texaco station adds to its established presence in the community.