7950 Decatur BlvdNorth Las Vegas, NV 89084
- Retail properties
- 1,800 SF
Property Details for 7950 Decatur Blvd
- Year built
- 2024
- Lot size
- 0.49 AC
- Property size (Sq ft)
- 1,800 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional investment opportunity presents a brand-new, 1,800 square foot Taco Bell located at 7950 N Decatur Blvd, North Las Vegas, NV 89084. The property sits on a 0.49-acre lot and benefits from a 20-year absolute NNN lease commencing October 1, 2024, and expiring September 30, 2044, with four, five-year renewal options. The tenant, Taco Bell, is credit-rated, ensuring a stable income stream. The property boasts a 4.85% cap rate and a strong net operating income (NOI) of $175,000. The asking price is $3,608,000, translating to $2,004.44 per square foot. This Class A retail property is situated within the rapidly expanding Valley Vista Master Planned Community by D.R. Horton, a development encompassing over 2,600 acres and featuring 4,100 new homes, three parks, and extensive walking and biking paths. The location is strategically positioned as the main entry point to this thriving community. The Northwest Las Vegas submarket exhibits exceptionally low retail vacancy rates (1.8%), high barriers to entry, and limited developable commercial land. The surrounding area boasts an affluent demographic, with an average household income exceeding $117,440 within a one-mile radius. Nevada's status as one of nine states without personal income tax further enhances the investment's appeal. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a rapidly growing market. The property is zoned C-1.
Location Insight
- City
- North Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.3061
- Longitude
- -115.207
Comparable in this City
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].