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Cactus and Schrills Center

2 Retail Properties in Las Vegas, NV

Investment Highlights

  • Both properties can be sold separately or together in portfolio sale.
  • Chipotle Under Construction
  • The property is located at the gateway to Southern Highlands, Signaled intersection providing I-15 access thru Cactus Ave interchange.
  • Brand-new construction, multi-tenant Lease investment.
  • High Traffic Count

Executive Summary

Both properties can be sold separately or together in a portfolio sale. 4352 W Cactus can be sold for $6,285,828 and is an excellent opportunity to purchase a brand-new construction, multi-tenant Lease investment. The new building is fully leased and is part of the retail center with Chipotle and Village Pub. 4332 W Cactus can be sold for $4,000,000 and is an excellent opportunity to purchase a brand-new under-construction, NNN Lease investment. This new stand-alone Chipotle building comes with a drive-through. The property has ample exposure to W Cactus Ave.

Property Facts

Sale Conditions 1031 Exchange
Cap Rate 5.20%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 10,425 SF
Total Land Area 0.67 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4352 W Cactus Ave, Las Vegas, NV 89141 Retail 8,100 SF 2023 -
Chipotle
4332 Cactus, Las Vegas, NV 89141
Retail 2,325 SF 2023 -
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  • Listing ID: 28039095

  • Date on Market: 3/22/2023

  • Last Updated:

  • Address: Cactus and Schrills Center, Las Vegas, NV

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