1445 Sunset RdHenderson, NV 89014

Property Details for 1445 Sunset Rd

Year built

1996

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.57 AC

Property size (Sq ft)

28,600 SF

Property type

Retail properties

Property subtype

Strip malls

APN

178-04-716-004

APU

17804716004

Description

This exceptional 39,586 square foot shopping center in Henderson, Nevada, presents a compelling investment opportunity. Boasting a 100% occupancy rate and a strong NOI of $1,068,072, this stabilized property offers a 6.82% cap rate at an asking price of $15,650,000. The center features a desirable mix of national and regional tenants, including Golden Corral and Barbeques Galore, complemented by a shadow anchor of high-performing businesses such as Starbucks, Wells Fargo, and Mariana's Supermarket. Built in 1996 and renovated in 2022, the property sits on a 92,261 square foot lot (APN 178-04-716-013) and is zoned CC. The triple-net (NNN) lease structure minimizes landlord expenses, while a weighted-average lease term of over seven years provides long-term stability and predictable income. Scheduled rent increases further enhance the investment's potential for improving returns. This fee-simple ownership opportunity is ideal for a 1031 exchange. The property's prime location at the intersection of Sunset Road and Stephanie Street benefits from high daily vehicle traffic exceeding 67,000. This synergistic tenant mix, including grocery, fitness, food services, and daily necessities, creates a vibrant and essential shopping destination. The property's strong tenant profile and minimal landlord responsibilities make it an attractive and secure investment.

Location Insight

City

Henderson

County

Clark

State

Nevada

Latitude

36.0626

Longitude

-115.049

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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