Single-Tenant NNN
For Sale
Contact for pricing
Pending
2427 S Las Vegas Blvd #100, Las Vegas, NV 89104
Fee simple Walgreens is fully occupied with over 20 years remaining and is positioned at a major Strip intersection.
Property SizeContact for details
Days on Market135
Property Features for 2427 S Las Vegas Blvd #100
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Apr 10
Changed: Aug 17
Last Checked: Aug 21 at 9:01PM
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 - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This offering is for a fee simple, single-tenant net leased Walgreens property that is described as fully occupied by Walgreen Co. (NYSE: WBA), with over 20 years remaining on the base term.
The site is positioned at the intersection of Las Vegas Blvd and E. Sahara Blvd on the Las Vegas Strip, at a hard corner location. Public remarks indicate the property is across from the Stratosphere Casino, Hotel & Tower (soon to be “The STRAT”), SLS Las Vegas, and Hilton Grand Vacations, and receives AADT counts of over 118,000 vehicles.
The remarks further note active area redevelopment, including the Drew Las Vegas hotel and casino scheduled to open in 2022 and a $140 million upgrade to The Stratosphere to be re-branded as “The STRAT.”
The site is positioned at the intersection of Las Vegas Blvd and E. Sahara Blvd on the Las Vegas Strip, at a hard corner location. Public remarks indicate the property is across from the Stratosphere Casino, Hotel & Tower (soon to be “The STRAT”), SLS Las Vegas, and Hilton Grand Vacations, and receives AADT counts of over 118,000 vehicles.
The remarks further note active area redevelopment, including the Drew Las Vegas hotel and casino scheduled to open in 2022 and a $140 million upgrade to The Stratosphere to be re-branded as “The STRAT.”
Key Highlights
- Fee simple, single‑tenant net leased Walgreens is fully occupied by Walgreens Co. (NYSE: WBA).
- Over 20 years remaining on the base term for the lease.
- Located at the hard corner of Las Vegas Blvd and E. Sahara Blvd on the Las Vegas Strip.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,795
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89104, NV
41,662
Population
16,704
Households
2.5
Avg Household Size
38
Median Age
15%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
7,309
Density / Sq Mi
$50,945
Median Household Income
$34,278
Median Earnings
$1,138
Median Rent
$298,700
Median Home Value
Market
Vacancy Rate% for Retail in Las Vegas, NV
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Frequently Asked Questions
What type of property is this?
Drug store - Fee simple Walgreens is fully occupied with over 20 years remaining and is positioned at a major Strip intersection.
Where is this drug store located?
The property is located at 2427 S Las Vegas Blvd #100 Las Vegas, NV.
What are key features of this property?
This property features: Fee simple, single‑tenant net leased Walgreens is fully occupied by Walgreens Co. (NYSE: WBA).; Over 20 years remaining on the base term for the lease.; Located at the hard corner of Las Vegas Blvd and E. Sahara Blvd on the Las Vegas Strip.
