AM/PM signed a 20-year, $3.8 million lease to occupy a vacant 5-year-old, 3,193 square-foot retail-gas station, on 0.79 acres, at 6460 S. Decatur Blvd. in Las Vegas. Grubb & Ellis’ Michael Kammerling, Patrick Luther, Jeff Barton, Richard Luciani and Elizabeth Moore represented the lessor, CML-NV BHF LLC; Encore Commercial’s Randel Aleman represented the tenant. The reported average rent equals $4.96 per square foot. Sinclair and 24/7 Xpress formerly occupied the building space, which includes 3 fuel islands with 6 pumps and 12 fueling stations.AM/PM Signs 20 Year, $3.8 Million Lease
AM/PM signed a 20-year, $3.8 million lease to occupy a vacant 5-year-old, 3,193 square-foot retail-gas station, on 0.79 acres, at 6460 S. Decatur Blvd. in Las Vegas. Grubb & Ellis’ Michael Kammerling, Patrick Luther, Jeff Barton, Richard Luciani and Elizabeth Moore represented the lessor, CML-NV BHF LLC; Encore Commercial’s Randel Aleman represented the tenant. The reported average rent equals $4.96 per square foot. Sinclair and 24/7 Xpress formerly occupied the building space, which includes 3 fuel islands with 6 pumps and 12 fueling stations.