10520 S Eastern Ave - Storefront FOR SALE


Henderson, NV 89052
$5,293,000 USD
480-221-4221
10520 S Eastern Ave, Henderson, NV for Sale
$5,293,000 USD
Storefront - FOR SALE
1/9
null | 5% Cap Rate

10520 S Eastern Ave
Henderson, NV 89052


HIGHLIGHTS

  • 7 Years of WALT Remaining | 100% Occupied | Scheduled Rental Increases | Guaranteed Leases
  • NNN Leases | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Horizon Pointe | Eastern Commons |Dense Retail Corridor
  • Rare Las Vegas MSA Retail Opportunity | Strong Consumer Bases |High Barriers To Entry
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple land and building ownership interest in a NNN leased four tenant retail building investment property located in Henderson, Nevada. The tenants Advanced Audiology, Insomnia Cookies, Jersey Mike’s, and Dave’s Hot Chicken have a weighted average term remaining of approximately 7 years. All tenants have additional options to extend, demonstrating their long term commitment to the site. The leases are structured as NNN with limited landlord responsibilities, making this an ideal low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$5,293,000 USD

PRICE/SF

$901 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Horizon Pointe | 7yrs WALT | 100% Occupied

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

CC,

APN/PARCEL ID

177-25-810-007

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.