385 E Silverado Ranch Blvd - Drug Store FOR SALE


Las Vegas, NV 89183- Silverado Ranch
$5,317,000 USD
702-449-1180
385 E Silverado Ranch Blvd, Las Vegas, NV for Sale
$5,317,000 USD
Drug Store - FOR SALE
1/9
null | 5.75% Cap Rate

385 E Silverado Ranch Blvd
Las Vegas, NV 89183
Silverado Ranch


HIGHLIGHTS

  • Absolute NNN 15-Year Lease
  • Walgreen’s Co. Corporate Guarantee
  • Top 10* Performing Store in Nevada with 528,000+ visits per year (*PlacerAI)
  • Rare large format hard corner parcel – boasting ±1.95 acres
  • Signalized intersection of E Silverado Ranch Blvd. and Bermuda Rd. (±48,800 VPD)
  • Located ±1 mile east of Interstate 15 (±156,000 VPD)

OVERVIEW

Colliers is pleased to exclusively offer for sale an Absolute NNN STNL Walgreens located within the densely populated Silverado Ranch trade area of Las Vegas, NV. The property consists of a ±14,448 SF freestanding building with drive-thru pharmacy situated on a large ±1.95 acre parcel featuring prominent building and pylon signage. The site is strategically located within the Silverado Ranch trade area, surrounded by 30,000+ homes and captures traffic from several nearby hotel-casinos and timeshare condos, including South Point Hotel Casino & Spa (2,100 rooms), The Grandview at Las Vegas (446 suites), World Mark Las Vegas (330 rooms), and Silverton Casino Lodge (300 rooms) while servicing ±314,991 residents with an average household income of ±$132,583 within a 5-mile radius. The property is conveniently positioned at the signalized intersection of E Silverado Ranch Blvd. and Bermuda Rd., just 1-mile east of the I-15 Freeway, with combined traffic counts in excess of ±48,800 VPD. Nearby co-tenants include Smith’s, Sprouts, Target, Planet Fitness, Goodwill, Bank of America, Dunkin’, PT’s Gold, Walmart Neighborhood Market and more! Walgreens is one of the largest pharmacy retail companies in the U.S., providing prescription medications, health services, and everyday convenience products through a nationwide network of more than 8,700 stores.

FOR SALE DETAILS

PRICE

$5,317,000 USD

PRICE/SF

$368 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens Silverado Ranch

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

CROSS STREETS

Bermuda

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

C-2

APN/PARCEL ID

177-28-513-003

ASK ABOUT THIS PROPERTY

Adam MalanColliersMore Info
702-449-1180

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Adam MalanColliersMore Info
702-449-1180

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