This exceptional 2,353 square foot, second-generation restaurant space is ideally situated in Henderson, Nevada's bustling Stonehill Marketplace, at the intersection of Eastern Avenue and St. Rose Parkway. Boasting a patio and prominent building signage facing Eastern Avenue, this end-cap unit offers unparalleled visibility to the over 97,000 vehicles traversing this busy retail corridor daily. The property benefits from its proximity to the 215 Beltway (1.5 miles), providing easy access to Henderson, Green Valley, Anthem, Seven Hills, and MacDonald Ranch. The strong daytime population of 292,846 within a 5-mile radius, coupled with the adjacency to St. Rose Dominican Hospital (employing approximately 4,000 people), ensures a robust customer base. The 26,639 square foot building, constructed in 2002, sits on 2.79 acres and is zoned Community Commercial (CC). This single-story building offers a turnkey opportunity with existing fixtures, furniture, and equipment (FF&E). Join a thriving mix of established national and regional co-tenants including Café Lola, EZ Pawn, PT's Taverns, ReMax Advantage, Siena Dental, and Cristina's Color Experts. The property's APN is 177-25-311-003, and Clark County zoning is Community Commercial (CC).
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$7,368,560
6.5%
$6,801,740
7%
$6,315,900
Comparable approach
Method
Valuation
Relative Method
$5,108,250
Geo Method
$5,108,250
Alternative Use
Use
Valuation
Industrial / Distribution
$13,100,200
Mixed-Use / Specialty
$6,843,710
Hospitality / Lodging
$5,107,230
Office
$6,872,020
Institutional / Educational
$7,138,370
Residential Income
$8,351,890
Multifamily
$9,649,710
Automotive / Energy
$6,118,600
Parking / Income-Based Land
$2,046,030
Restaurant / Food Service
$3,700,790
Healthcare / Senior Housing
$6,950,190
Location Insight
City
Henderson
County
Clark
State
Nevada
Latitude
36.0052
Longitude
-115.113
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
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Eastern Ave Henderson, NV 89052
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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