4352 W Cactus Ave - Restaurant FOR SALE


Las Vegas, NV 89141- South Las Vegas
$5,689,368 USD
702-767-3764
4352 W Cactus Ave, Las Vegas, NV for Sale
$5,689,368 USD
Restaurant - FOR SALE
1/6
null | 6.02% Cap Rate

4352 W Cactus Ave
Las Vegas, NV 89141
South Las Vegas


HIGHLIGHTS

  • Investment Opportunity: 100% occupied retail shopping center featuring three established tenants, providing immediate cash flow.
  • FirstCash,(TNT) Corporate guaranty from Cash America West, Inc, a leading international operator of retail pawn stores and consumer financial Service
  • Cactus Pet Hospital: A full-service veterinary clinic providing medical, diagnostic, preventative, and surgical services, serving the growing SW
  • HOTWORX A rapidly expanding boutique fitness concept specializing in infrared sauna workouts, benefiting from strong brand recognition and membership
  • Ongoing Residential Growth: Multiple homebuilders actively developing residential communities in the area, driving long-term demand and tenant sales
  • Cactus Avenue with traffic counts exceeding 31,500 vehicles per day, and conveniently located near Interstate 15, which carries over 150,000 vehicles

OVERVIEW

This offering represents a stabilized investment opportunity featuring a 100% occupied retail shopping center located in the highly desirable Southwest Submarket of the Las Vegas. Constructed in 2022-2023, the property is leased to three established tenants under NNN lease structures. The tenant includes FirstCash, Inc.(TNT) backed by a corporate guaranty from Cash America West, Inc., a leading international operator of retail pawn and consumer financial services; HOTWORX, a rapidly expanding 24/7 infrared fitness concept with a strong membership-based revenue model; and Cactus Pet Hospital, a full-service veterinary clinic serving the growing Southwest Las Vegas residential base. Together, these tenants provide immediate, stable cash flow. The property benefits from an exceptional location along Cactus Avenue, with traffic counts exceeding 31,500 vehicles per day and convenient access to Interstate 15, which carries over 150,000 vehicles per day, ensuring excellent accessibility. The surrounding area features strong demographics, with 12,500 residents within a 1-mile radius and an average household income of $106,000. Positioned near Southern Highlands, a premier master-planned community with over 9,500 homes, and surrounded by ongoing residential development.

FOR SALE DETAILS

PRICE

$5,689,368 USD

PRICE/SF

$702 USD /SF

CAP RATE

6.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

C-2

APN/PARCEL ID

177-30-812-002

ASK ABOUT THIS PROPERTY

Umer MalikMilestone RealtyMore Info
702-767-3764

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

Umer MalikMilestone RealtyMore Info
702-767-3764

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