Lake Mead Gateway Plaza Retail FOR SALE


Henderson, NV - Valley View
$9,960,000 USD
702-755-5486
, Henderson, NV for Sale
$9,960,000 USD
Retail - FOR SALE
1/3
null | 6.65% Cap Rate

Lake Mead Gateway Plaza
Henderson, NV
Valley View


HIGHLIGHTS

  • Albertsons Anchored Shopping Center: Lake Mead Gateway Plaza is an Albertsons (Not a Part) anchored shopping center that is 100% occupied
  • Strong National and Regional Tenants including H&R Block, China a GoGo, Carepoint Dental, One Nevada Credit Union, Capriotti’s, and Marco’s Pizza
  • Next to Cadence, a 2,200 acre master planned community with over 6,900 homes already sold
  • NNN Leases w/ Annual Increases: All tenants are set up on NNN leases and 13 of the 14 Tenants have annual increases
  • NOI $662,489
  • Please do not disturb tenants

OVERVIEW

Adelphi Property Advisors is pleased to offer the opportunity to acquire the fee simple interest (land/building ownership) in Lake Mead Gateway Plaza (the ‘Property’), a rare 100% occupied shopping center anchored by Albertsons (Not a Part). The Property is located in Henderson, NV (Las Vegas MSA) and is situated at the hard corner of N. Boulder Hwy. and E. Lake Mead Pkwy. (over 62,000 VPD). The Property is located next to Cadence, which has been recognized as one of the top selling master planned communities in the nation. Lake Mead Gateway Plaza contains several national and strong regional/local tenants, including H&R Block, China a GoGo, Capriotti’s, Freeway Insurance, and Marco’s Pizza. A total of 82% of the Total Income have occupied the property since 2020, providing the Landlord a secure return over the years. All tenants are set up on NNN leases and 13 of the 14 Tenants have annual increases Massive Growth Area: The Property is located adjacent to the Landwell Company’s 2,200 acres master planned community Cadence. Cadence is among the top 10 best selling master planned communities in the nation with over 6900+ homes sold in an estimated 2500+ homes remaining to sell

ASK ABOUT THIS PROPERTY

Jeff BergAdelphi Property Advisors LLCMore Info
702-755-5486

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Jeff BergAdelphi Property Advisors LLCMore Info
702-755-5486

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