7510 W Washington Ave - Freestanding FOR SALE
Las Vegas, NV 89128 |
7510 W Washington Ave
Las Vegas, NV 89128
HIGHLIGHTS
- Anchored by Lowe's & other several high credit & internet resistant national tenants including McDonald's, O'Reilly Auto Parts, CareNow & 7-Eleven
- Delivered at 100% occupancy with rolling lease expirations; most tenants have annual increases allowing for NOI growth year-over-year
- Long-term ground lease expiring in December 2063, with four, 10-year options to extend, for the total remaining term of +/- 80 years
- Ground Lessee benefits from both a Right of First Offer and Right of First Refusal should the Ground Lessor decide to dispose of the fee
- Debt-free asset allowing the Buyer to obtain financing terms that meet their needs
- Located just off the Summerlin Parkway at the signalized hard corner of Buffalo Dr. & Washington Ave. with combined traffic counts of +/- 139,600 CPD
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Buffalo Square Retail Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
134104
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
524
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
138-27-220-002
