Colliers Western Region
Better Buzz

Better Buzz

NEC Lake Mead Pkwy & Water St

Henderson, NV 89015

$3,200,000
Asking Price
6.25%
Cap Rate
$200,000
NOI
1.25 acres
Lot Size
179-18-201-006
APN
1,740 SF
Gross Leasable Area

Description

TENANT IS OPENING AND OPERATING!

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.

Offering Summary

Property TypeRetail
Asking Price$3,200,000
Size1,740 SF
Available1,740 SF
Occupancy100%
Built2025
Total Acres~1.25 ac

Sale Details

Cap Rate6.25%
NOI$200,000
In-Place Cap Rate6.25%

Documents

Property Address

Property Details

Property TypeRetail
Gross Leasable Area (SF)1,740 SF
Available GLA (SF)1,740 SF
Occupancy100%
Lease TypeNNN, Absolute Net
Year Built2025
Acres1.25 acres
ZoningDowntown Mixed-Use (DX)
APN179-18-201-006
Ownership InterestLeasehold Interest
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Deal Team

Adam Malan

Adam Malan

Vice Chair
NV RE Lic. 0063542
Deana Marcello

Deana Marcello

Executive Vice President
NV RE Lic. 174174