731 Sunset RdHenderson, NV 89011

Property Details for 731 Sunset Rd

Year built

1995

Construction

FRAME

Lot size

0.24 AC

Property size (Sq ft)

1,736 SF

Property type

Office buildings

APN

178-02-301-009

APU

17802301009

Description

This exceptional investment opportunity presents a 2,035 square foot retail property located at 731 W Sunset Rd, Henderson, NV 89011. The property boasts a Class B building constructed in 1995, featuring a single story and a permitted CN zoning classification. Currently occupied by LoanMax Title Loans under an absolute NNN lease, this property offers a secure and passive income stream. The tenant, an established business with a 20-year history at this location, recently signed a five-year lease renewal, extending the lease term through February 2029. The monthly rent is $3,500, translating to an attractive price per square foot of $358.72. The asking price for this turnkey investment is $730,000. The property's location in Henderson, Clark County, Nevada, provides excellent access to major transportation routes and a thriving consumer base. With its strong tenant, long-term lease, and desirable location, this property represents a compelling investment opportunity for discerning buyers seeking stable, passive income and potential appreciation. The APN is 178-02-301-009. This is a single-tenant property offering a low-maintenance investment strategy.

• CAP approach

  CAP return

  Valuation

  6%

  $465,146

  6.5%

  $429,366

  7%

  $398,697

• Comparable approach

  Method

  Valuation

  Relative Method

  $347,808

  Geo Method

  $347,808

• Alternative Use

  Use

  Valuation

  Residential

  $532,413

  Hospitality

  $487,688

  Educational

  $405,750

  Medical

  $419,705

  Retail

  $631,167

Location Insight

City

Henderson

County

Clark

State

Nevada

Latitude

36.0635

Longitude

-115.024

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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