1490 E Quartz Ave - Convenience Store FOR SALE


Sandy Valley, NV 89019
$2,442,857 USD
702-829-2006
1490 E Quartz Ave, Sandy Valley, NV for Sale
$2,442,857 USD
Convenience Store - FOR SALE
1/18
null | 7% Cap Rate

1490 E Quartz Ave
Sandy Valley, NV 89019


HIGHLIGHTS

  • Two tenant net-leased investment includes a 10,500-square-foot Family Dollar and Water Bottle kiosk in a growing community providing stable income.
  • 2022 construction with a 10-year NNN lease with four five-year renewal options, offering dependable returns in an underserved market.
  • Essential retail location with strong community demand and limited local competition, generating over $25M in annual consumer spending.
  • Ideal 1031 exchange opportunity featuring a single-tenant net lease property backed by a prominent national retailer with 15,500+ stores.

OVERVIEW

This offering includes a Family Dollar store and Water Bottle kiosk, located in Sandy Valley, Nevada. The building, built in 2022, consists of approximately 10,500 square feet and resides on 1.88 acres. The store is on an initial lease term of 10-years with four 5-year renewal options. The company operates 15,500+ stores across 48 states and five Canadian provinces. This net leased investment is perfect for an investor looking for a stable income property with minimum management responsibilities. Situated on Quartz Avenue near Valley Electric Association, the post office, the Sandy Valley Library, Sandy Valley High School, and Sky Ranch Airport, the location serves a tight-knit, underserved trade area on the California-Nevada border with limited retail competition. The surrounding community generates over $25 million in annual consumer spending, reinforcing the store’s importance as an essential retail hub.

FOR SALE DETAILS

PRICE

$2,442,857 USD

PRICE/SF

$233 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

C-2

APN/PARCEL ID

201-32-410-018

ASK ABOUT THIS PROPERTY

Andrea SantannaDapper CompaniesMore Info
702-829-2006

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Andrea SantannaDapper CompaniesMore Info
702-829-2006

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