565 Marks St 13,900 SF 100% Leased Retail Building Henderson, NV 89014 $4,700,000 ($338.13/SF) 5.50% Cap Rate

EXECUTIVE SUMMARY

FULLY LEASED Retail Center in Henderson for Sale
Property Details:
*Address: 565 Marks St., Henderson, NV 89014
*Price: $4,700,000
*Size: 13,485 sq. ft.
*Number of Units: 7
*Zoning: CT - Commercial Tourism
*Year Built: 2004
*Parking: 47 spaces
Key Features:
*Multiple long-term tenants!
*Grease traps in all units
*Front & back door access to all units
*Busy intersection
*Shared lot with Sunset Station
*Owner upgraded lighting and fixed pylon sign in 2023.
*Suites 120-130 and 190 both had over $100k in renovations done in 2022.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
13,900 SF
Building Class
B
Year Built
2004
Price
$4,700,000
Price Per SF
$338.13
Cap Rate
5.50%
NOI
$258,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.12 AC
Zoning
CT - Tourist Commercial
Parking
47 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
117’ on Marks St St

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Greek Bistro
  • Retailer
  • -
  • -
  • Triple Net
  • Dec 2028
  • Finance and Insurance
  • -
  • -
  • Triple Net
  • Dec 2026

The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. Their vision for the future is to be the customer's first and best choice in the products and services they provide. They will continue to be the leader in the insurance industry and they will become a leader in the financial services arena. Their customers' needs will determine their path. Their values will guide them. They are people who make it their business to be like a good neighbor; who built a premier Company by selling and keeping promises through their marketing partnership; who bring diverse talents and experiences to their work of serving the State Farm customer. Their success is built on a foundation of shared values — quality service and relationships, integrity and financial strength. Their company mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Greek Bistro Retailer - - Triple Net Dec 2028
Finance and Insurance - - Triple Net Dec 2026

NEARBY MAJOR RETAILERS

Yard House
Starbucks
Dotty's
Red Lobster
D1 Sports Training
Capriotti's
iLoveKickboxing
Navy Federal Credit Union
Bank of America
Cafe Zupas

PROPERTY TAXES

  • Listing ID: 31954531

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 565 Marks St, Henderson, NV 89014