650 E Horizon Dr - Restaurant FOR SALE


Henderson, NV 89015- Highland Hills
$3,500,000 USD
702-981-0546
650 E Horizon Dr, Henderson, NV for Sale
$3,500,000 USD
Restaurant - FOR SALE
1/34
null | 5.56% Cap Rate

650 E Horizon Dr
Henderson, NV 89015
Highland Hills


OVERVIEW

Summit Realty, on behalf of the Owner, is pleased to offer for sale Crossroads Center , a RETAIL property conveniently located in Henderson, NV. Crossroads Center is strategically located on Horizon Drive which is less than 1 mile from College of Southern Nevada and more than 200 newly built homes. The center is currently 91.5% occupied with long term tenants to Mom's Kitchen, Karate Academy and Reform You and more. The subject property sits on 1.36 acres, was built in 1999, and consists of approximately 12,480 SF. The building construction is frame and there is ample parking with 3.04 spaces per 1,000 SF with 38 total parking spaces. Crossroads Center is located in a high traffic area, surrounded by many national retail brands including KFC, Pizza Hut, Starbucks and many others. Below market rents makes this a great opportunity for investors to increase cash flow upon rent renewals.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

5.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crossroads Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

CROSS STREETS

College

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

CN

APN/PARCEL ID

179-29-501-006

ASK ABOUT THIS PROPERTY

Ashley BennettSummit RealtyMore Info
702-981-0546

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Ashley BennettSummit RealtyMore Info
702-981-0546

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