Shopping and Dining Retail
For Sale
Contact for pricing
Pending
10 Costa Di Lago, Henderson, NV 89011
NNN retail center with existing vacancy available for lease and tenants featuring rental escalations.
Property SizeContact for details
Days on Market134
Property Features for 10 Costa Di Lago
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
New Market Commercial Real Estate Advisors
(702) 323-7315
Listed By:
Christina Strickland · License #NV 60664
Source:
Crexi
Added: Apr 11
Changed: Aug 12
Last Checked: Aug 22 at 10:50AM
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 New Market Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This NNN shopping and dining retail center offers an opportunity to acquire a grocery of tenancy within a master-planned community. The property has approximately 4,725 square feet available for lease, and the existing tenant base includes rental escalations throughout base terms and through option periods.
Recent NNN leasing activity since 2024 includes six completed leases ranging from $2.25 to $2.50 per square foot per month, with an average in-place NNN rent of $1.77 per square foot. The current in-place rent is described as $0.48 to $0.73 per square foot below current market rent.
The remarks project potential additional annual income of roughly $300,000 to $450,000 from rent alone, plus $125,000 to $140,000 annually from leasing up the remaining vacancy, excluding NNN recoveries associated with the leases. The offering also cites an indicated internal rate of return of 15.89% to 19.49%, assuming exit cap rates of 7.25% to 8.00%.
Recent NNN leasing activity since 2024 includes six completed leases ranging from $2.25 to $2.50 per square foot per month, with an average in-place NNN rent of $1.77 per square foot. The current in-place rent is described as $0.48 to $0.73 per square foot below current market rent.
The remarks project potential additional annual income of roughly $300,000 to $450,000 from rent alone, plus $125,000 to $140,000 annually from leasing up the remaining vacancy, excluding NNN recoveries associated with the leases. The offering also cites an indicated internal rate of return of 15.89% to 19.49%, assuming exit cap rates of 7.25% to 8.00%.
Key Highlights
- NNN retail shopping and dining center with $2.25 and $2.50/SF per month NNN leases completed since 2024
- In‑place average NNN rent is $1.77/SF, reportedly $0.48 to $0.73/SF below current market rent
- 6 leases completed since 2024, with rents ranging from $2.25 to $2.50/SF per month
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 89011, NV
34,456
Population
15,505
Households
2.2
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
16.5 sq mi
ZIP Area
2,088
Density / Sq Mi
$93,881
Median Household Income
$46,604
Median Earnings
$1,725
Median Rent
$458,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - NNN retail center with existing vacancy available for lease and tenants featuring rental escalations.
Where is this shopping center located?
The property is located at 10 Costa Di Lago Henderson, NV.
What are key features of this property?
This property features: NNN retail shopping and dining center with $2.25 and $2.50/SF per month NNN leases completed since 2024; In‑place average NNN rent is $1.77/SF, reportedly $0.48 to $0.73/SF below current market rent; 6 leases completed since 2024, with rents ranging from $2.25 to $2.50/SF per month
