2020 Grocery NNN
1005 American Pacific Dr Henderson, NV 89074
1005 American Pacific Dr, Henderson, NV, 89074
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For Sale
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Single-tenant grocery built in 2020 with a 15-year triple net lease featuring periodic 10% increases.
Property Size3,700 SF
Price / SF$851.35
Days on Market127
Property Features for 1005 American Pacific Dr
General Information
- Standard status
- Active
- Size
- 3,700 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2020
Listing agency
Marcus & Millichap - Orange County
(949) 929-5901
Listed by
Parham Khoshbakhtian · License #01446947
Source
Crexi
Added: Mar 18 Updated: Jul 22 at 12:56PM Checked: Jul 22 at 12:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
The subject property is a Green Valley Grocery building constructed in 2020. It is currently operated under a single-tenant triple net lease structure.
Green Valley Grocery originally signed a 15-year triple net lease with 10% increases scheduled every five years. The lease also includes four, five-year options.
As of October 2025, Green Valley Grocery was purchased by Anabi Oil, a privately held California-based fuel distributor and operator of over 500 locations. The property is located at 1005 American Pacific Dr in Henderson, Nevada.
Green Valley Grocery originally signed a 15-year triple net lease with 10% increases scheduled every five years. The lease also includes four, five-year options.
As of October 2025, Green Valley Grocery was purchased by Anabi Oil, a privately held California-based fuel distributor and operator of over 500 locations. The property is located at 1005 American Pacific Dr in Henderson, Nevada.
Key Highlights
- Single‑tenant grocery building built in 2020 in Henderson, Nevada
- 15‑year triple net lease with 10% increases every five years
- Lease includes periodic 10% increases in each of the four, five‑year options
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.5k | $34.20 |
| − Vacancy | −$7.2k | −$1.95 |
| EGI | $119.3k | $32.25 |
| − OpEx | −$29.8k | −$8.06 |
| NOI | $89.5k | $24.19 |
3,700 SF · lease $34.20/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,495 @ 7.0% cap · market cap 2.84%
Second Best
Retail
$1.19M
$1.04M – $1.39M
NOI $83,529 @ 7.0% cap · market cap 2.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Green Valley Grocery
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Single-tenant grocery built in 2020 with a 15-year triple net lease featuring periodic 10% increases.
Where is this grocery and convenience store located?
The property is located at 1005 American Pacific Dr Henderson, NV.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Single‑tenant grocery building built in 2020 in Henderson, Nevada; 15‑year triple net lease with 10% increases every five years; Lease includes periodic 10% increases in each of the four, five‑year options
