NEC E Lake Mead Pky and N Water St - Fast Food FOR SALE


Henderson, NV 89015- Midway
$2,560,000 USD
702-449-1180
NEC E Lake Mead Pky and N Water St, Henderson, NV for Sale
$2,560,000 USD
Fast Food - FOR SALE
1/8
null | 6.25% Cap Rate

NEC E Lake Mead Pky and N Water St
Henderson, NV 89015
Midway


HIGHLIGHTS

  • 15-Year Absolute NNN Corporate Lease
  • 10% rental increases every 5 years, including options
  • Favorable Master Ground Lease Terms
  • Excellent Visibility | Strong Traffic Counts (±55,800 VPD)
  • High Growth Trade Area | Historic Water Street District
  • Dense and Mature Demographics

OVERVIEW

Colliers is pleased to exclusively offer the opportunity to acquire the leasehold interest (building ownership) in a new construction single-tenant net-leased Better Buzz with double drive-thru located in Las Vegas, NV. The property consists of a ±1,740 SF freestanding building and benefits from a 15-Year Absolute NNN lease, with four (4), five year options to extend. This newly constructed Better Buzz is adjacent to St. Rose Dominican Hospital (326 beds, 3,400 employees), and a new construction Raising Cane’s. The site is just north of several new mixed-use developments, the historic Water Street District, and the America First Center, home to the Silver Knights hockey team. Strategically located at the signalized intersection of E. Lake Mead Pkwy. and Water St., with combined traffic counts in excess of ±55,800 VPD, the site is 1-mile from the Interstate 11 and CC 215 Beltway interchange, which sees an additional ±293,100 VPD. The asset is well positioned within a high growth area of Henderson, NV, with national co-tenants within the area including Target, ROSS, Sprouts Market, Marshalls, ULTA, PetSmart, Walmart, and more.

FOR SALE DETAILS

PRICE

$2,560,000 USD

PRICE/SF

$1,471 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL Better Buzz Coffee Roasters

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

DX

APN/PARCEL ID

179-18-201-006

ASK ABOUT THIS PROPERTY

Adam MalanColliersMore Info
702-449-1180

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Adam MalanColliersMore Info
702-449-1180

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