675 Mall Ring Cir - Restaurant FOR SALE


Henderson, NV 89014- Whitney Ranch
$4,899,378 USD
702-592-7187
675 Mall Ring Cir, Henderson, NV for Sale
$4,899,378 USD
Restaurant - FOR SALE
1/12
null | 5.95% Cap Rate

675 Mall Ring Cir
Henderson, NV 89014
Whitney Ranch


HIGHLIGHTS

  • Fully leased to a national credit tenant and a 7-unit regional restaurant operator.
  • In-Place Income: Stabilized NOI of approximately $291,513.00 with no near-term lease rollover.
  • NNN Lease Structure: Predictable cash flow with minimal landlord responsibilities.
  • Strong Tenant Mix: Corporate outdoor apparel retailer paired with high-traffic restaurant use.
  • Shadow-Anchored Location: Positioned within the Galleria at Sunset trade area.
  • Long-Term Lease Security: Weighted average remaining lease term extending into the 2030s.

OVERVIEW

The subject property is a highly visible, two-tenant pad building with immediate access to one of the busiest intersections in the corridor, Sunset Road and Stephanie Street. The asset is strategically positioned within a dominant retail trade area anchored by the Galleria at Sunset, which has undergone $7 million dollars in capital improvements in recent years. The surrounding area continues to benefit from substantial residential and economic growth, highlighted by the nearby Cadence—a 2,200-acre master-planned community with over 12,000 homes and consistently ranked among the top selling communities in the United States—as well as Union Village, a 170-acre health and wellness-focused development. These large-scale developments are driving sustained population growth and increasing consumer demand, positioning the property to benefit from strong tenant performance and long-term rental rate appreciation.

FOR SALE DETAILS

PRICE

$4,899,378 USD

PRICE/SF

$1,687 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

CC

APN/PARCEL ID

178-03-210-017

ASK ABOUT THIS PROPERTY

Steve NeigerCAST CAPITAL PARTNERSMore Info
702-592-7187

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

Steve NeigerCAST CAPITAL PARTNERSMore Info
702-592-7187

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