3360 Saint Rose Pky 940 SF Retail Building Henderson, NV 89052 $3,612,903 ($3,843.51/SF) 4.65% Cap Rate
EXECUTIVE SUMMARY
Brand new construction which opened in October 2024. The property is a 940 SF drive-thru only cafe. Ten (10) year NNN lease with options to 30 years. 10% base rent increase every 5 years. The property is part of a retail shopping center with a limited service hotel and national and regional brands. The property is located on a busy road with high traffic counts (50,000+ AADT) and excellent visibility.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
940 SF
Building Class
A
Year Built
2024
Price
$3,612,903
Price Per SF
$3,843.51
Cap Rate
4.65%
NOI
$168,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.91 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 177-35-210-009 | Improvements Assessment | $50,326 |
| Land Assessment | $283,349 | Total Assessment | $333,675 |
CONTACTS
-
Matthew Nelson -
John Meyer -
J.A. Kennedy Real Estate Co.
