11001 S Eastern Ave - Freestanding FOR SALE


Henderson, NV 89052- Seven Hills
$6,000,000 USD
702-215-7120
11001 S Eastern Ave, Henderson, NV for Sale
$6,000,000 USD
Freestanding - FOR SALE
1/11
null | 7% Cap Rate

11001 S Eastern Ave
Henderson, NV 89052
Seven Hills


HIGHLIGHTS

  • Institutional Real Estate Fundamentals in Prime Henderson Location
  • Strong Sales Performance with Minimal Local Competition
  • Reliable Passive Income Corporate Guarantee

OVERVIEW

This corporate-guaranteed Walgreens presents a rare opportunity to acquire a high-performing, necessity-based asset in one of Henderson’s most affluent and rapidly growing trade areas. Positioned on the hard corner of S Eastern Avenue and Sunridge Heights Parkway, the site benefits from 27,000 vehicles per day, a dense and wealthy 1-mile demographic profile (7,689 households, $147,651 average income), and adjacency to three major schools enrolling over 4,500 students—creating robust daily foot traffic and consistent pharmacy demand. Unlike many Walgreens locations, it enjoys a 1.4-mile buffer from the nearest CVS and sits among a strong lineup of national co-tenants including Smith’s, Starbucks, and Wendy’s. With six years of term remaining, six renewal options, and limited landlord responsibilities, this offering combines stable cash flow with exceptional real estate fundamentals and long-term repositioning potential in a supply-constrained Henderson corridor. Nevada is a premier destination for commercial real estate investors, offering a pro-business climate with no state income tax, corporate income tax, or franchise tax. This financial advantage, combined with strong economic growth, makes Las Vegas an exceptional investment opportunity.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$414 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

71

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

CC,Henderson

APN/PARCEL ID

177-36-613-005

ASK ABOUT THIS PROPERTY

Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

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

Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

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