1461 S Boulder Hwy, Henderson, NV
Retail property with a new 15-year absolute triple net lease.
- Added:
- Feb 13, 2023
- Days on Market:
- 1217
- Last Refresh:
- May 20 at 9:36 pm
Property Features for 1461 S Boulder Hwy
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Lot size
- 1.34 Acres
- Property subtype
- RETAIL
Listing agent Brian Fike
Listing office Colliers | Las Vegas (702) 735-5700
Listing date Feb 13, 2023
Source Moodyscre
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 Colliers | Las Vegas
HighLights
- Brand new 15 year absolute triple net lease (NNN)
- Scheduled to open Spring/2019 (2019 Construction)
- Out pad of highly trafficked Lowe’s anchored shopping center
- Great access to Interstate 11 and US 95
- Frontage on Boulder Highway
- Hedge against inflation
Overview
Local Financial Insights For 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 | $130.0k | $34.20 |
| − Vacancy | −$7.4k | −$1.95 |
| EGI | $122.6k | $32.25 |
| − OpEx | −$36.8k | −$9.68 |
| NOI | $85.8k | $22.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Clark
- State
- Nevada
- Longitude
- -114.955
- Latitude
- 36.0137
