4250 E Sunset Rd

7,000 SF Retail Building Henderson, NV 89014 $2,790,000 ($398.57/SF) 5.46% Cap Rate

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INVESTMENT HIGHLIGHTS

Corporately Guaranteed Lease
Below Replacement Cost

NNN Lease Structure
New HVAC installed in 2020

EXECUTIVE SUMMARY

The subject property, 4250 E. Sunset Rd., is a +/- 7,000 SF commercial building situated on +/- 1.72 AC of land in Henderson, NV. The property is current 100-percent occupied by Angry Crab Shack, who has operated at this location since 2020. The existing building was constructed 1998. In 2020, the property was leased to Angry Crab Shack, who continues to occupy the space. The Tenant has approximately 10.5 years remaining on the term, and has three, five-year renewal options. Priced at $2,790,000, this property offers a 5.46% CAP rate.

Offering Memorandum

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Restaurant

Building Size

7,000 SF

Building Class

Year Built

1998

Price

$2,790,000

Price Per SF

$398.57

Cap Rate

5.46%

NOI

$152,326

Tenancy

Single

Building Height

1 Story

Building FAR

0.09

Lot Size

1.72 AC

Zoning

CC, Henderson - CC - Community Commercial

Parking

75 Spaces (10.71 Spaces per 1,000 SF Leased)

Frontage

319’ on Sunset Rd

AMENITIES

Bus Line
Dedicated Turn Lane

Pylon Sign

Signage

Signalized Intersection

Accommodation and Food Services
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Jan 0000

California native Ron Lou spent four years in the National Football League playing center for the Houston Oilers then the Philadelphia Eagles. After retiring from professional football, he spent the next 35 years creating five different restaurant concepts, including a breakfast eatery, a sports bar and three different Chinese restaurants. Ready for another success, Lou set out to create something unique – not just another wing, burger or pizza place. In 2013 the culmination of Lou’s efforts resulted in the opening of Angry Crab Shack. Combining bold flavors customary in Asian cuisine with his knowledge of seafood, Ron introduced seafood boil to Mesa, Arizona. A family-friendly neighborhood restaurant, Angry Crab Shack offers a vibrant, memorable dining environment and high-quality seafood at a more affordable price. Setting his sights on the expansion of Angry Crab Shack, he made it a priority to build a family culture for his employees and an attitude of giving back.