1510 W Horizon Ridge Pkwy, Henderson, NV 89012
Fully occupied property with long-term tenants in growing area.
- Added:
- Apr 9, 2025
- Days on Market:
- 449
- Last Refresh:
- Mar 21 at 8:26 pm
Property Features for 1510 W Horizon Ridge Pkwy
General Information
- Standard status
- Active
- Size
- 13,187 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2007
Listing office RE/MAX Advantage (702) 287-6553
Listing date Apr 9, 2025
Source Crexi
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HighLights
- Turn‑key property with existing tenants, providing immediate income.
- Anytime Fitness, a long‑term tenant, has renewed their lease through December 2029.
- New Salon lease for 3 years, for suites 150‑160.
- Located on Horizon Ridge Parkway, a primary east‑west thoroughfare.
- Located directly north of the affluent, rapidly developing MacDonald Highlands and Ascaya communities.
- Expected to reach 100% occupancy within 6 months.
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 | $451.0k | $34.20 |
| − Vacancy | −$25.7k | −$1.95 |
| EGI | $425.3k | $32.25 |
| − OpEx | −$127.6k | −$9.68 |
| NOI | $297.7k | $22.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Clark
- State
- Nevada
- Longitude
- -115.0534758
- Latitude
- 36.019168