11001 S Eastern Ave Las Vegas, NV 89052
High-performing Walgreens in affluent Henderson trade area.
- Added:
- Nov 7, 2025
- Days on Market:
- 247
- Last Refresh:
- Jul 4 at 8:08 am
Property Features for 11001 S Eastern Ave
General Information
- Standard status
- Active
- Size
- 14,490 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2001
Listing office Marcus & Millichap - Las Vegas (702) 215-7100
Listing date Nov 7, 2025
Source Crexi
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 - Las Vegas
Investment Insights
Based on property information with market context.
Key Highlights
- Corporate‑guaranteed Walgreens with stable cash flow and limited landlord responsibilities.
- Located on a hard corner with high traffic volume (27,000 vehicles per day).
- Strong demographics: affluent and dense 1‑mile radius (7,689 households, $147,651 average income).
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 | $495.6k | $34.20 |
| − Vacancy | −$21.8k | −$1.50 |
| EGI | $473.8k | $32.70 |
| − OpEx | −$118.4k | −$8.17 |
| NOI | $355.3k | $24.52 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Mai Thuy — 1785 E Sahara Ave # 145, Las Vegas, NV 89104
- Pink-O — 3020 Ocotillo Ct, Las Vegas, NV 89121
- Adapt Naturals — 1810 E Sahara Ave, Las Vegas, NV 89104
- Omnilife Independiente — 1655 e sahara ave apt 1130, las vegas, nv 89104
- Lashes by Mo Lash & Beauty Bar — 2665 s bruce st, las vegas, nv 89169