Colliers Western Region
Walgreens Silverado Ranch

Walgreens Silverado Ranch

385 E Silverado Ranch Blvd.

Las Vegas , NV 89183

$5,317,000
Asking Price
$305,760
NOI
5.75%
Cap Rate
14,448 SF
Gross Leasable Area
~1.95 ac
Acres

Description

Colliers is pleased to exclusively offer for sale an Absolute NNN STNL Walgreens located within the densely populated Silverado Ranch trade area of Las Vegas, NV. The property consists of a ±14,448 SF freestanding building with drive-thru pharmacy situated on a large ±1.95 acre parcel featuring prominent building and pylon signage.

The site is strategically located within the Silverado Ranch trade area, surrounded by 30,000+ homes and captures traffic from several nearby hotel-casinos and timeshare condos, including South Point Hotel Casino & Spa (2,100 rooms), The Grandview at Las Vegas (446 suites), World Mark Las Vegas (330 rooms), and Silverton Casino Lodge (300 rooms) while servicing ±314,991 residents with an average household income of ±$132,583 within a 5-mile radius.

The property is conveniently positioned at the signalized intersection of E Silverado Ranch Blvd. and Bermuda Rd., just 1-mile east of the I-15 Freeway, with combined traffic counts in excess of ±48,800 VPD. Nearby co-tenants include Smith’s, Sprouts, Target, Planet Fitness, Goodwill, Bank of America, Dunkin’, PT’s Gold, Walmart Neighborhood Market and more!

Walgreens is one of the largest pharmacy retail companies in the U.S., providing prescription medications, health services, and everyday convenience products through a nationwide network of more than 8,700 stores.

Offering Summary
Property TypeRetail
Asking Price$5,317,000
Sale Details
Cap Rate5.75%
NOI$305,760
Documents
Property Address
Property Details
Property TypeRetail
Gross Leasable Area (SF)14,448 SF
Lease TypeAbsolute Net
ZoningGeneral Commercial (C-2)
APN177-28-513-003
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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